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NEO Battery Materials Ltd NBMFF


Primary Symbol: V.NBM

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 Duparqueton Jan 13, 2024 10:35am
465 Views
Post# 35825052

RE:RE:no surprise!

RE:RE:no surprise!I am happy with the decisions taken by NBM. Silicon anodes will be a game changer in the battery and EV industry. We all know it.
 
However, the manufacturers do not seem quite ready for this change. I imagine that many tests must be finalized before their vehicles are placed on the market. Also there are charging stations that must be adapted to this new product.
 
Since the fruit is not quite ripe to be harvested, an association with a partner to maximize the product is the best thing for NBM at the moment. NBM's actions will progress quietly over time following an important partnership.
 
Greater autonomy and fast charging of EVs is a need. This is necessary for the explosion of the EV market. It is very likely that NBM will be a major player in this industry.
 
Like all of you... I would like it to go faster. But with a broader view of the situation, I firmly believe that NBM has made the right decisions. We just have to be a little more patient.
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