Cleantech

Nano One Successfully Completes Phase One of its Co-Development Agreement with Niobium Producer CBMM

Nano One Successfully Completes Phase One of its Co-Development Agreement with Niobium Producer CBMM

  • Nano One successfully completed Phase One of its co-develop work with CBMM
  • Durability enhanced single crystal coated NMC cathode validated with CBMM's niobium
  • One-Pot process enables cost effective single nanocrystal coating
  • CBMM is the world's leading supplier of niobium products and technology.

Nano One® Materials Corp. (TSX: NANO) (OTC Pink: NNOMF) (FSE: LBMB) ("Nano One") is a clean technology company with a patented low carbon intensity process for the production of low cost, high-performance cathode materials used in lithium-ion batteries. Nano One announced today that it has successfully completed Phase One of its advanced lithium-ion battery cathode materials coating development agreement with CBMM, the world's leading supplier of niobium products and technology.

"Nano One has successfully demonstrated the use of CBMM's niobium," said Nano One CTO Dr. Stephen Campbell, "to form a protective coating on our single nanocrystal NMC cathode active material. This coating is designed to enhance durability, and our success on this first milestone strengthens the supply chain relationship between CBMM and Nano One while providing yet another demonstration of the flexibility of Nano One's patented One-Pot process."

Phase One applied the niobium coating technology to NMC811 cathode active material and the next two phases will focus on the niobium coating of even higher nickel NMC. This will include scaling of the One-Pot coating technology to demonstrate commercial viability and validate the supply chain. Together, CBMM and Nano One are developing an integrated and differentiated supply chain for niobium coated single crystal cathode materials.

Nano One's patented One-Pot process adds a cost effective niobium coating on each individual nanocrystal to protect the cathode from deleterious side reactions than can otherwise cause rapid performance degradation. The One-Pot process enables this coating to be formed without adding process steps or costs, and the coating can significantly increase the durability of cathode materials in lithium-ion batteries. The niobium coated single crystal cathode materials are applicable to both conventional liquid electrolyte cells and advanced solid state electrolyte cells.

Nano One CEO, Mr. Dan Blondal said, "CBMM is the world leader in Niobium, and by completing this milestone with them, we have advanced a step closer to our commercialization and supply chain development goals. Successful upstream collaborations, such as this, help us bring strategic value to downstream partners as we progress towards the adoption and commercial application of our technologies."

CBMM's Executive Manager for Battery Products, Rogério Marques Ribas, said that, "The results of this first milestone demonstrate the viability of making niobium enhanced high-energy battery materials using Nano One's ground-breaking process. We look forward to further advancing our collaborative project and its valuable outcomes."

###

About Nano One

Nano One Materials Corp (Nano One) 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. The technology is applicable to electric vehicle, energy storage, consumer electronic and next generation batteries in the global push for a zero-emission future. Nano One's One-Pot process, its coated nanocrystal materials and its Metal to Cathode Active Material (M2CAM) technologies address fundamental performance needs and supply chain constraints while reducing costs and carbon footprint. Nano One has received funding from various government programs and the current "Scaling of Advanced Battery Materials Project" is supported by Sustainable Development Technology Canada (SDTC) and the Innovative Clean Energy (ICE) Fund of the Province of British Columbia. For more information, please visit www.nanoone.ca.

About CBMM

CBMM is the world's leading supplier of niobium products and technology, with over 400 clients in 50 countries. Fully integrated from the mine to the final products, CBMM also provides expert technical assistance to customers around the globe. Based in Brazil, with offices and subsidiaries in China, the Netherlands, Singapore, Switzerland and the United States, the company provides cutting-edge products and technology to the infrastructure, mobility, aerospace, healthcare and energy industries. In 2019, CBMM invested in 2DM, a company dedicated to graphene and, in 2021, in startups Echion and Battery Streak. The investments are aimed at new developments in materials for lithium-ion batteries. For more information, visit: CBMM.com.

Company Contact:
Paul Guedes
info@nanoone.ca
(604) 420-2041

Media Contact:
Chelsea Nolan
Antenna Group for Nano One
nanoone@antennagroup.com
(646) 854-8721

Certain information contained herein may constitute "forward-looking information" and "forward-looking statements" within the meaning of applicable securities legislation. All statements, other than statements of historical fact, are forward-looking statements. Forward-looking information in this news release includes, but is not limited to, statements with respect to: the advancement and completion of the phase 2 and 3 work program, the execution of the Company's development plans which are contingent on such support and awards and the commercialization of the Company's technology and patents. Generally, forward-looking information can be identified by the use of terminology such as 'believe', 'expect', 'anticipate', 'plan', 'intend', 'continue', 'estimate', 'may', 'will', 'should', 'ongoing', 'target', 'goal', 'potential', 'advance' or variations of such words and phrases or statements that certain actions, events or results "will" occur. Forward-looking statements are based on the current opinions and estimates of management as of the date such statements are made are not, and cannot be, a guarantee of future results or events. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information, including but not limited to: the advancement and completion of the phase 2 and 3 work program and any anticipated results thereof, any future collaborations that may happen with the OEM's or other partners in the battery supply chain, the Company's ability to achieve its stated goals, the commercialization of the Company's technology and patents and other risk factors as identified in Nano One's MD&A and its Annual Information Form dated March 15, 2021, both for the year ended December 31, 2020, and in recent securities filings for the Companies which are available at www.sedar.com. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company does not undertake any obligation to update any forward-looking statements or forward-looking information that is incorporated by reference herein, except as required by applicable securities laws. Investors should not place undue reliance on forward-looking statements.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/113822

News Provided by Newsfile via QuoteMedia

NANO:CA
The Conversation (0)
automotive engineer expert witness

Nano One Materials


Keep reading...Show less
Successful Completion of Phase Two of Co-Development Agreement with Leading Niobium Producer CBMM

Successful Completion of Phase Two of Co-Development Agreement with Leading Niobium Producer CBMM

TSX:NANO)(OTC PINK:NNOMF)(Frankfurt:LBMB

Highlights:

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
Nano One Provides Quarterly Progress Update and Reports Q1 2023 Results

Nano One Provides Quarterly Progress Update and Reports Q1 2023 Results

TSX:NANO)(OTC PINK:NNOMF)(Frankfurt:LBMB

nano one® Materials Corp. ("nano one" or the "Company") is a clean technology company with patented processes for the low-cost, low-environmental footprint production of high-performance cathode materials used in lithium-ion batteries. nano one has filed its condensed interim consolidated financial statements (the "financial statements"), and management's discussion & analysis ("MD&A") as at and for the three months ended March 31, 2023 ("Q1 2023") and is pleased to provide the following highlights from Q1 2023.

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
Nano One Advances Commercial Plans for LFP and Other Cathode Materials

Nano One Advances Commercial Plans for LFP and Other Cathode Materials

Highlights and Milestones:

  • nano one's technology, manufacturing hub and plans represent a game-changing opportunity to secure sustainable and clean battery supply chains in North America.
  • nano one's systematic plans jumpstart the commercialization of its One-Pot process starting at 200 tonnes per year in 2023, expanding in steps to 2,000, 10,000 and hundreds of thousands of tonnes per year.
  • $40m in cash, $10m in grants and multiple proposals for additional government support.

nano one® Materials Corp. ("nano one" or the "Company") (TSX:NANO)(OTC PINK:NNOMF)(Frankfurt:LBMB) is a clean technology company with patented processes for the production of lithium-ion battery cathode materials that enables secure and resilient supply chains by driving down cost, complexity, energy intensity, and environmental footprint. The Company is pleased to provide an update on its innovation, piloting and commercialization plans for lithium iron phosphate ("LFP"), nickel-rich ("NMC"), manganese-rich ("LNMO") cathode active materials ("CAM"), and outlines how this will drive growth

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
Nano One Provides Quarterly Progress Update and Reports Q4 2022 Results

Nano One Provides Quarterly Progress Update and Reports Q4 2022 Results

TSX:NANO)(OTC PINK:NNOMF)(Frankfurt:LBMB) nano one® Materials Corp. ("nano one" or the "Company") is a clean technology company with patented processes for the low-cost, low-environmental footprint production of high-performance cathode materials used in lithium-ion batteries. nano one has filed its audited annual consolidated financial statements (the "financial statements"), management's discussion & analysis ("MD&A"), and annual information form ("AIF") as at and for the year ended December 31, 2022 ("Q4 2022") and is pleased to provide the following highlights from Q4 2022

Q4 2022 Highlights and Headlines

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
Nano One Granted 3 New Patents and Receives Proceeds from Warrants

Nano One Granted 3 New Patents and Receives Proceeds from Warrants

Highlights:

  • Three new patents, issued and allowed in Taiwan, Korea and US.
  • Patents will extend protection and add value to nano one's One-Pot process technology for making lithium-ion battery cathode materials.
  • Patents will add value to nano one's sulfate free, sustainable technology for the clean energy future.
  • Proceeds from Warrants of ~$3.65M adds to strong treasury and balance sheet.

As the global EV market rapidly expands, Vancouver-based nano one® Materials Corp. ("nano one" or the "Company") (TSX:NANO) (OTC PINK:NNOMF) (Frankfurt:LBMB) is pleased to announce that it's patent estate is increasing to include three (3) more issued patents, bringing nano one's issued patents to a total of 27 with more than 55 patent applications also pending and additional patent applications being considered

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
solar panels

Solar Energy Stocks: 6 Biggest US Companies in 2023

As the Biden administration pushes to tackle climate change in America, the top US solar energy stocks offer opportunities for investors looking to enter the clean energy sector.

According to the latest report from the Solar Energy Industries Association and Wood Mackenzie, during 2022, solar accounted for 50 percent of new electricity-generating power, and the US market installed 20.2 gigawatts (GW) of solar capacity during that period. Residential solar installations totaled 6 GW of direct current, up 40 percent over the previous year.

Over the next decade, the firms forecast that the solar industry will continue to break annual installation records. From 2022 to 2033, they expect total solar deployment to grow from 141 GW of direct current to 700 GW of direct current.

Keep reading...Show less
electric vehicle charging

Will Sodium-ion Batteries Disrupt the EV Market?

Lithium-ion batteries have dominated the energy storage and electric vehicle (EV) space for years, but some investors believe new technology breakthroughs could threaten their market dominance.

At the end of 2020, lithium prices took a turn, rallying through 2021 to hit all-time highs. Prices for batteries jumped too, with attention turning to new technologies that could disrupt the battery sector.

Sodium-ion batteries came into the spotlight following announcements from major players such as CATL (SZSE:300750). The world's biggest battery maker unveiled its sodium-ion battery back in 2021 and is expected to begin production this year.

Keep reading...Show less
Alkaline Fuel Cell Power Corp.

Alkaline Fuel Cell Power Provides Update on Status of MCTO

Alkaline Fuel Cell Power Corp. (NEO: PWWR) (OTCQB:ALKFF) (Frankfurt: 77R, WKN: A3CTYF) (“PWWR” or the “Company”), is providing this update on the status of a management cease trade order granted on April 3, 2023 (the "MCTO") by the British Columbia Securities Commission under National Policy 12-203 – Management Cease Trade Order ("NP 12-203"). On April 3, 2023, the Company announced that, for reasons disclosed in the news release, there would be a delay in the filing of its financial statements and accompanying management’s discussion and analysis for the fiscal year ended December 31, 2022 (the "Annual Filings") beyond the period prescribed under applicable Canadian securities laws (the "Default Announcement").

Keep reading...Show less
Pitney Bowes Files Investor Presentation for 2023 Annual Meeting Regarding Hestia Capital's Claims

Pitney Bowes Files Investor Presentation for 2023 Annual Meeting Regarding Hestia Capital's Claims

Hestia Capital's Materials Demonstrate Lack of Understanding of Pitney Bowes' Business and Industry

Corrects the Claims Outlined in Hestia's Six "Value Creation Pillars"

News Provided by Business Wire via QuoteMedia

Keep reading...Show less

Linde Announces First Quarter 2023 Earnings and Conference Call Schedule

Linde (NYSE:LIN) will release its first quarter 2023 financial results on Thursday, April 27, 2023, at 06:00 EDTmidday CEST. The Company will host and webcast its conference call at 09:00 EDT15:00 CEST, which will be available to the public and the media in listen-only mode

Live conference callUS Toll-Free Dial-In Number: 1 888 770 7292
Germany Toll-Free Dial-In Number: 0800 000 0105
UK Toll-Free Dial-In Number: 0800 358 0970
Access code: 6877110
Live webcast (listen-only)
https://investors.linde.com/events-presentations
Web replay
Available on demand beginning at 10:30 EDT/16:30 CEST on
Thursday, April 27, 2023, at:
https://investors.linde.com/events-presentations

The earnings release and presentation materials can be accessed on Thursday, April 27, 2023, at https://investors.linde.com/events-presentations .

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less

Latest Press Releases

Related News

×