Nano One Materials Completes Commercial Design Study

Nano One Materials (TSXV:NNO) and BC Research have completed a study regarding the conceptual design and cost of a commercial facility to produce lithium-ion battery cathode materials using Nano One’s process.
As quoted in the press release:

The study confirms Nano One’s confidence in its scale-up plans and provides opportunities to grow its portfolio of intellectual property. These innovations are part of a framework to reduce costs through feedstock management, equipment selection, recycling, utilities optimization, water handling and effluent disposal. The report also provides guidelines for developing a pilot plant with critical steps and scale identified for the purposes of demonstrating the process.
Nano One will continue to work collaboratively with BCRI and NORAM in scoping, designing, constructing and demonstrating a pilot plant that can be used confidently for the design of a commercial scale plant.

Nano One CEO, Dan Blondal, said:

BCRI’s study confirms our scalability and is informing our plans to commercialize the technology. This gives our technology industrial credibility and we believe it will give potential collaborators and key market pull players confidence in our technology, team and ability to deliver.

Click here for the full press release.