- NEO Battery Materials (NBM) has announced that its silicon nanocoating technology has demonstrated success in its latest testing
- This newest announcement is significant because the technology can be applied to silicon particles of various sizes, making it much more cost-effective
- The company plans to continue to test its technologies through partnerships with companies in the battery supply chain and third-party laboratory testing
- NEO Battery Materials is a Vancouver-based resource company focused on battery metals and materials
- NEO Battery Materials Ltd. (NBM) is up 5.41 per cent on the day, trading at $0.78 per share
NEO Battery Materials (NBM) has announced that its silicon nanocoating technology has demonstrated success in its latest testing.
The technology has proven effective on low-cost, metallurgical grade, micron-size silicon particles, with a six-minute charge and discharge level in the cell without any major loss of capacity.
This announcement comes after previous testing demonstrated successful integration of the company’s nanocoating technology in silicon nanoparticles ranging from 50 nm to 100 nm.
Dr. J.H. Park, NEO’s director and chief scientific advisor, remarked that this newest announcement is significant because the technology can be applied to silicon particles of various sizes, making it much more cost-effective.
“Our unique solution one-pot process integrates micron-sized silicon particles uniformly coated by a nanometer-thick magic coating layer, which substantially outperforms the rate-capability as shown below,” he said.
Due to more efficient process times and lean, inexpensive manufacturing environments, metallurgical-grade silicon microparticles are more cost-effective than silicon nanoparticles. However, performance issues at the microparticle level have hindered widespread adoption.
“NEO is hence targeting on a two-track to develop and refine its technology on both Si microparticles and nanoparticles,” commented NEO president and CEO Spencer Huh.
“The company,” he added, “will be moving forward to test its micron-sized silicon anodes through third-party laboratory tests and direct transfers to companies in the battery supply chain that have signed NDAs with us.”
NEO Battery Materials is a Vancouver-based resource company focused on battery metals and materials.
The company intends to become an integrated silicon producer and anode materials supplier to the electric vehicle industry.
NEO Battery Materials Ltd. (NBM) is up 5.41 per cent on the day, trading at $0.78 per share as of 10:22 am ET.
