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Bullboard - Stock Discussion Forum 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... see more

TSXV:NBM - Post Discussion

NEO Battery Materials Ltd > New Press Release - NEO Battery Materials to Expand into Canada with Appointment of Dr. Luc C. Duchesne as VP of Government Relations for Grant Funding Initiatives
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Comment by lscfa on Jul 13, 2023 11:47am
Why the hell do we need a Canadian office and a Ohio office? https://www.globenewswire.com/en/news-release/2023/01/25/2595248/0/en/NEO-Battery-Materials-to-Establish-NBM-America-for-U-S-Business-Expansion-of-Silicon-Anodes-and-Battery-Materials.html
Comment by Zevo on Jul 13, 2023 1:50pm
According to their investor presentation, they will do a R&D centre (2024) and commercial plant (2026) in both BC and Ontario. Proximity is the reason. I can see Southwestern Ontario as the major hub, especially with LG.. Also could have something to do with COB, investing in the country your are registered & listed in.
NEO Battery Materials Ltd
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