NEO Battery Materials Ltd V.NBM

Alternate Symbol(s): NBMFF

Industrials Graphite

NEO Battery Materials Ltd. is a Canada-based battery materials technology company. The Company 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-fasting charging batteries compared to existing technologies. The Company is focusing on developing silicon anode materials, NBMSiDE, through nanocoating layers. 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 transformative and one-step 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

NEO Battery Materials Ltd > Operating costs

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Comment by lscfaon Jan 11, 2023 11:40am

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Post# 35215880

RE:Operating costs

lscfa wrote: I vaguely recall co. saying the MOU with the Province of Gyeonggi means no property taxes or land lease payments. Can anyone confirm and provide a source?

Found it. Slide 29....

Oseong Investment Zone Benefits

- 99% Reduction of Annual Lease Payments or Payment of 1% of the Officially Assessed Land Value with Maximum Lease Period of 50 Years

- Annual Lease Payment can be minimized to zero upon the completion of the construction and the fulfillment of requirements by the Province

- May be fully exempted of corporation tax, income tax, land transfer tax, and customs tax for 5 years and may be reduced to 50% for an additional two years

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