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CleanTech Company Nano One Materials Successfully Completes Phase One of its Co-Development Agreement with Niobium Producer CBMM
Thursday, February 17, 2022
Burnaby, BC, February 17, 2022--(T-Net)--Nano One Materials Corp., 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, 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.
Dr. Stephen Campbell, CTO, Nano One
"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.
Dan Blondal, CEO, Director & Founder, Nano One Materials Corp.
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.
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.
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 execution of Nano One's plans, including global expansions efforts, which are contingent on such support and awards and the commercialization of Nano One'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' or variations of such words and phrases or statements that certain actions, events or results "will" occur. Forward-looking statements 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. [ MORE ] |
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