NEO Battery Materials Ltd V.NBM

Alternate Symbol(s): NBMFF

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NEO Battery Materials Ltd. is a Canadian battery materials technology company. It is focused on developing silicon anode materials for lithium-ion batteries in electric vehicles, electronics, and energy storage systems. With a patent-protected, low-cost manufacturing process, it enables longer-running and ultra-fast charging batteries compared to existing technologies. It is a producer of silicon anode materials for the electric vehicle and energy storage industries. It is developing and optimizing its silicon anode materials, NBMSiDE, through its all-in-one manufacturing process. Its three types of products, NBMSiDE-P100, NBMSiDE-P200, and NBMSiDE-C100 are manufactured through its nanocoating technology and are based on metallurgical-grade silicon with purities of at least 99.95%. It has developed a nanocoating process to manufacture silicon anodes. Its material provides improvements in capacity and efficiency over lithium-ion batteries using graphite in their anode materials.

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NEO Battery Materials Ltd > NBM announces $3M investment from Automobile & PCB

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Comment by Duparqueton Jun 30, 2022 9:21pm

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RE:RE:NBM announces $3M investment from Automobile & PCB

The new investor will have to pay 40% of the factory. Also the deal boils down to Nbm Korean only. Not elsewhere in the world. The rest of the investment for the factory will come from Korean banks. It will be a springboard I think.

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