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

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NEO Battery Materials Ltd > to Upsize South Korean R&D Scale-Up Centre V.NBM

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Post by Betteryear2 on Jul 17, 2023 9:18am

to Upsize South Korean R&D Scale-Up Centre V.NBM

TORONTO, July 17, 2023 (GLOBE NEWSWIRE) -- (TSXV: NBM) (OTCQB: NBMFF)

To Upsize the R&D Scale-Up Centre to Accommodate the Increased Material Evaluation Pipeline and to Prepare for Pre-Commercialization Phase
Larger-Scale Production and Greater Engineering Headcount Implemented to Realize R&D, Commercial Plant, and Advanced Agreement Milestones
- Applied to Gyeonggi Technopark for Expansion Space through MOU with Gyeonggi Province
- To Hire At Least 5 Masters or Ph.D. Engineering Professionals to Support Material Optimization and Production
NEO Battery Materials to Upsize South Korean R&D Scale-Up (globenewswire.com)