Nano One Materials Corp T.NANO

Alternate Symbol(s): NNOMF

Chemicals Specialty Chemicals

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.

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Nano One Materials Corp > Dan said YES

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Comment by Lawisfunon May 26, 2024 5:10pm

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Post# 36058169

RE:RE:Dan said YES

We all thought we were waiting on an off take agreement for tens of thousands of tonnes per year so that Nano would get a government grant of hundreds of millions of dollars to help finance the 25,000TPA facility.

Now we're told we're only getting an offtake agreement of hundreds of tonnes so that Nano will get government funding for the 1,000TPA Candiac 1 automation scope.

In what world is this good news!? This is a devastating update. Dan has totally moved the goal posts.

At this point I'll take anything I can get. But this absolutely seals the deal the we are not getting anything close to hundreds of millions from government anytime soon. And that means no 25,000TPA facility announcement in 2024.

Sad but true.

So disappointing.

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