• NEO Battery Materials (NBM) has manufactured a pouch-type full cell with the trademark NBMSiDE
  • NBMSiDE was manufactured to evaluate product performance, viability, and durability in genuine battery charging conditions
  • The pouch full cells utilize NMC (nickel manganese cobalt) cathode materials and a composite mixture of anode material with 5 per cent to 10 per cent silicon loading of NBMSiDE and graphite
  • NBMSiDE is NEO Battery Materials’ flagship silicon anode material for electric vehicle lithium-ion batteries
  • NEO Battery Materials Ltd. (NBM) is down 6.329 per cent, trading at $0.37 per share at 3:00 PM ET

NEO Battery Materials (NBM) has manufactured a pouch-type full cell with the trademark NBMSiDE. 

NBMSiDE was manufactured to evaluate product performance, viability, and durability in genuine battery charging conditions.

The company has also convened a kick-off meeting for NBM Silicon Anode Plant Project with the engineering design company to streamline terms and efforts for fast-track construction completion.

NEO Battery Materials Ltd. commissioned a third-party evaluation agency for a product performance and viability assessment of NBMSiDE through manufacturing and cycle-testing 500 mAh pouch-type full cells.

To simulate an authentic battery charging/discharging environment, the pouch full cells utilize NMC (nickel manganese cobalt) cathode materials and a composite mixture of anode material with 5 per cent to 10 per cent silicon loading of NBMSiDE and graphite.

Through unbiased testing and assessments, NEO Battery Materials is making continuous efforts to ensure objective evaluation and to reserve the functional reliability of NBMSiDE silicon material development.

With the approval of the 106,700 square feet site by the Gyeonggi Province, NEO Battery Materials, through its South Korean subsidiary, NBM Korea Ltd., started the NBM Silicon Anode Plant Project at Oseong International Investment Zone in Pyeongtaek City in March 2022.

The kick-off meeting, which marks the official collaborative initiation of the NSAP Project, was held at the Korea Press Foundation Centre on April 5, 2022, with the engineering design company.

The full-fledged mass-production process design had been in progress since March of 2022, and the kick-off meeting was convened to determine and define the fundamental terms of the project and to discuss detailed terms and processes apart from the basic agreement.

NBMSiDE is NEO Battery Materials Ltd.’s flagship silicon anode material for electric vehicle lithium-ion batteries.

NEO Battery Materials Ltd. is focused on electric vehicle lithium-ion battery materials.

NEO Battery Materials Ltd. (NBM) is down 6.329 per cent, trading at $0.37 per share at 3:00 PM ET.

More From The Market Online

New government funding coming for Canada’s first commercial space port

Maritime Launch Services (NEO:MAXQ) announces a pivotal step forward in the development of Canada’s first commercial orbital spaceport.

The art of taking a flyer: How to play the latest meme stock rally

Roaring Kitty helps push meme stocks such as GameStop (NYSE:GME) and AMC Entertainment (NYSE:AMC) up by as much as 300 per cent since Friday.
POET - POET's dual LR4 transmit optical engine created for ADVA.

POET Technologies stock takes flight after Foxconn deal

Foxconn Interconnect Technology picks POET Technologies (TSXV:PTK) to provide optical engines for 800G and 1.6T optical transceiver modules.