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NEO Battery Materials Ltd V.NBM

Alternate Symbol(s):  NBMFF

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.


TSXV:NBM - Post by User

Comment by Zevoon Oct 01, 2022 10:48am
241 Views
Post# 34999289

RE:Information

RE:InformationThings do appear to have come to a halt, but the company assures an investor webinar is being discussed. I’d imagine that they are not in control of their timelines, as the landscape is ever changing, especially raising money with the banks for their equipment. Banks would have tightened..

*The detailed design is expected to be completed in October. 
*Product evaluations are being run with battery manufacturers - DD with optimization 
*Cell resting equipment has been added to their scale up centre with assists in fine tuning product tailored to individual customers 
*All engineers and management at working at their best to achieve commercialization 
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