NEO Battery Materials Ltd. is pleased to announce the Company has signed a site due diligence contract with a third-party engineering consulting firm for the South Korean semi-commercial facility. NEO has selected a site for its semi-commercial plant to produce silicon anode active materials through the Company's proprietary nanocoating process and is under the process of finalizing this site through a third-party [...]
NEO Battery Materials Ltd. , a high-performance silicon anode active material company for lithium-ion batteries, is pleased to announce that it has received approval to trade on the OTCQB® Venture Market as of September 3, 2021. The Company will trade under the existing symbol NBMFF on the OTCQB. Mr. Spencer Huh, President and CEO of NEO, commented, "With the approval to trade on the OTCQB Venture Market, NEO will be able [...]
NEO Battery Materials Ltd. is pleased to announce that it has received a silicon anode prototype sample order from a major U.S.-based solid-state electrolyte developer to evaluate the compatibility of the two parties' respective materials. The Company has additionally signed two additional NDAs, which include a U.S.-based electrode material manufacturer and an Eastern European battery cell manufacturer. Mr. Spencer Huh [...]
NEO Battery Materials Ltd. is pleased to announce that the Company has upscaled the capacity of production from the pilot plant to a semi-commercial scale facility for silicon anode materials manufactured through NEO's proprietary nanocoating process. NEO's semi-commercial plant project is now finalized to produce 120 tons per year, and this is a 12-fold increase from the original capacity . Assuming a ratio of 9:1 for [...]
NEO Battery Materials Ltd. is pleased to announce that the Company has received three additional prototype requests by global-tier battery materials and metals manufacturers and an automotive company. This follows the first samples of NEO's silicon anode prototype sent. Mr. Spencer Huh, President and CEO of NEO, commented, "Our proprietary Si anode materials have been garnering a greater amount of attention from all [...]
NEO Battery Materials Ltd. is pleased to provide updates on the pilot plant facility and developments on the construction of the facility. Upon discussion between management, scientific advisors, and the Company's engineering personnel, the construction of the pilot plant has been finalized to be located in South Korea. Currently, three locations are being conversed as top options within the region, and NEO is [...]
NEO Battery Materials Ltd. is pleased to announce that the first prototype of silicon anode active materials has been successfully produced, and samples have been sent to NDA partners for full cell evaluation and electrochemical characterization. Spencer Huh, President and CEO of NEO, commented, "The first working set of NEO's proprietary silicon anode materials has been manufactured through our unique process. Our [...]
NEO Battery Materials Ltd. is pleased to announce that a new patent has been filed regarding NEO's proprietary process of manufacturing silicon anode active materials. As of today, the Company retains five patents that have been issued and applied. This patent will extend the protection related to the Si nanocoating process by the single-step, one-pot solution process which was originally developed by NEO. This applied [...]
NEO Battery Materials Ltd. is pleased to announce that it has applied for the OTCQB® Venture Market and full eligibility through the Depository Trust Company for electronic settlement and clearing of its common shares in the United States. NEO Battery Materials is currently trading on the OTC Pink Current under the symbol NBMFF and will continue to trade under the same symbol once listed on the OTCQB. The OTCQB is the [...]
Dr. J. H. Park, Director and Chief Scientific Advisor of NEO Battery Materials Ltd., is pleased to provide details on NEO's innovation utilizing modified carbon nanotubes as a new material to manufacture long-lasting, low-cost and mechanically durable silicon anode active materials. CNTs are theoretically known to retain similar electrical conductivity to copper and have more than 100 times the strength of steel. In [...]
NEO Battery Materials Ltd. is pleased to announce it has entered into a second licensing agreement with Yonsei University-Industry Foundation in South Korea. NEO will be granted an exclusive worldwide license for the patent regarding silicon anode nanocoating technology for lithium-ion batteries. Name of Invention Patent No. / Registration No. 1 Silicon composite for lithium secondary battery and manufacturing method [...]
NEO Battery Materials Ltd. is pleased to announce it has entered into a MOU with Ferroglobe Innovation, a subsidiary of NASDAQ-listed Ferroglobe PLC, one of the world's leading suppliers of silicon metal, silicon-based and manganese-based specialty alloys and ferroalloys. The two companies entered into a non-disclosure agreement in April and have advanced discussions regarding the development of silicon powders and anode [...]
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