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NEO Battery Materials Ltd V.NBM

Alternate Symbol(s):  NBMFF

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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

NEO Battery Materials Ltd > New Press Release - NEO Battery Materials Signs Joint Development Agreement with Fortune Global 500 Chemical Materials Company
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Comment by Duparqueton Oct 17, 2024 3:05pm
290 Views
Post# 36270429

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:New Press Release - NEO Battery Materials Signs Joint Development Agreement with Fortune Global 500 Chemical Materials Company

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:New Press Release - NEO Battery Materials Signs Joint Development Agreement with Fortune Global 500 Chemical Materials CompanyThe current price is insignificant... I anticipate that Nbm will change its name with the merger of the new partner once the products are finished. In all logic, this new partner is LG Chem. Korean company, working in the chemical with 44k employees.

Nbm will sell its technology and Nbm's group of scientists will work for the new entity. In the end, it will be a buy out of several hundred million or even billions. This is what should happen at the next halt.

Note: LG Chem is a battery supplier for Tesla
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