- The company’s directors, scientific advisors, and engineers are currently working on the conceptual design of the pilot plant
- The conceptual design study is the first crucial step towards realizing the large-scale production of NEO’s Si nanocoating technology
- The goals for the pilot plant focus on formulating the optimal manufacturing process
- Data from the design study will formulate decisions regarding capacity, selection of equipment and operation unit for the pilot plant
- South Korea is considered a top site candidate for the plant
- NEO Battery Materials Ltd. is a Canadian-based resource company focused on battery metals and materials
- NEO Battery Materials Ltd. (NBM) is down 3.42 per cent, trading at C$1.13 at 10:35 am ET
NEO Battery Materials (NBM) is pleased to provide details regarding the progress of NEO’s pilot plant for its proprietary silicon (Si) nanocoating technology.
The company’s directors, scientific advisors, and engineers are currently in the process of working on the conceptual design of the pilot plant. The conceptual design study is the first crucial step towards realizing the large-scale production of NEO’s Si nanocoating technology.
The goals for the pilot plant focus on formulating the optimal manufacturing process when considering both the quality assurance and economic/cost details of NEO’s end product.
From the study and analysis, NEO will be able to determine and finalize the preliminary data and works regarding configurations, required feeds and utilities, process control system, fundamental guidelines for HSE (Health/Safety/Environmental), the handling methods for raw materials/product/effluent, and additional feasibility studies. This data will contribute to decisions regarding capacity, selection of equipment and operation unit for the pilot plant.
Spencer Huh, President and CEO of NEO, commented,
“Currently, the site consideration of the pilot plant is being extensively discussed as direct sample transfers to battery material developers and cell manufacturers, third-party validation, and strategic integration into the lithium-ion battery (LiB) value chain are of essence. South Korea is being conversed as the top candidate due to the robust LiB network and technological advancements. NEO considers the location selection as a vital component that may accelerate the company’s commercialization plans. We will constantly provide updates on the progress of the pilot plant and other related material developments.”
NEO Battery Minerals Ltd. is a Vancouver-based junior resource company focused on battery metals exploration in North America.
NEO Battery Materials Ltd. (NBM) is down 3.42 per cent, trading at C$1.13 at 10:35 am ET.
