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Nano One Materials Corp T.NANO

Alternate Symbol(s):  NNOMF

Nano One Materials Corp. is a clean technology company with a patented, scalable and low-carbon intensity industrial process for the low-cost production of high-performance lithium-ion battery cathode materials. It specializes in the production of low-cost, high-performance cathode active materials for lithium-ion batteries. Its technology is applicable to electric vehicles, energy storage, and consumer electronics, reducing costs and carbon intensity while improving environmental impact. Its patented One-Pot process is engineered to make cathode materials directly from non-sulfate forms of battery metals. Its Metal to Cathode Active Material (M2CAM) Technology enables sulfate-free metal powder inputs which eliminates 100% of wasteful sodium sulfate by-products while simplifying manufacturing. The One-Pot process simplifies production and enables its M2CAM technology. Its simplified One-Pot process enables cathodes to form simultaneously with their protective coating at the nano level.


TSX:NANO - Post by User

Comment by EllonMon Aug 06, 2022 2:35am
153 Views
Post# 34875994

RE:RE:RE:Nano One,VW and CBMM

RE:RE:RE:Nano One,VW and CBMMAmerican-based multinational auto manufacturer (USCo): In December 2020, the Company entered into a Cathode Evaluation Agreement with USCo to jointly evaluate the performance and commercial benefit of the Companys patented process for nickel-rich and cobalt-free cathode materials in lithium-ion batteries for electric vehicle applications. During the six months ended June 30, 2022, the Company collected $313,362 from USCo, of which $5,095 (2021 - $79,379) was recognized as cost recoveries during the six months ended June 30, 2022. The parties continue to collaborate under this arrangement. As at December 31, 2021, $308,267 of the amount collected was accrued as receivable from USCo. CBMM Technology Suisse SA (CBMM): In May 2021, the Company entered into a Co-Development Agreement with CBMM, a niobium producer to co- develop niobium coated battery cathode materials with CBMM. During the six months ended June 30, 2022, cost recoveries of $233,649 were recognized and received (2021 - $nil). The parties continue to collaborate under this agreement
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