Secured 8 Acres to Establish Canada's First Advanced Silicon Anode Manufacturing Facility in Windsor, Commercial Facility to Produce 5,000 Tons of Silicon Anodes Annually with Full-Phase Expansion Plans to Initially Invest CAD 69 Million with Future Expansion Investment Totalling Approximately CAD 120 Million in the Next 8 Years Creating Over 100 Skilled Jobs in the Battery Value Chain Initial Term of 49 Years with Tax [...]
New High-Performance Silicon Anode Product Line: NBMSiDE® P-300 Breakthrough 43% to 130% Improvement in Initial Battery Capacity Compared to Traditional Graphite Anodes with Less Material Used Under Optimization for Pilot Production and Implementation in Full Cells Submitted Patent Application to Protect P-300 Manufacturing Know-How Expanding Downstream Focus to Space & eVTOL Industries through High Compatibility with [...]
Joint Development Agreement with North American Battery Cell Manufacturer for Specialty Electric Automotive & Mobility Collaboration to Enhance Silicon Anode Materials with Partner's Proprietary Cell Architecture Systematic Progression of Evaluation within Various Battery Cell Sizes and Formats JDA Underscore Company's Strategy to Pursue Innovation and Commercialization through Strategic Partnerships Follows First JDA [...]
NEO Battery Materials Ltd. , a low-cost silicon anode materials developer that enables longer-running, rapid-charging lithium-ion batteries, wishes to provide complete assurance and confirmation to its stakeholders that the recent declaration of emergency martial law in South Korea does not and will not impact the Company's operations and progress at its Research and Development Scale-Up Centre located in the country. As [...]
NEO Battery Materials Ltd. , a low-cost silicon anode materials developer that enables longer-running, rapid-charging lithium-ion batteries, announces that Roberto Fia has resigned from the Company's Board of Directors effective November 29, 2024. NEO would like to thank him for his contributions to date. As part of the initiative to transition the existing board of directors into a new set of board members who are [...]
NEO Battery Materials Ltd. , a low-cost silicon anode materials developer that enables longer-running, rapid-charging lithium-ion batteries, is pleased to announce the signing of a Memorandum of Understanding with OCSiAl LLC , the world's largest industrial producer of single wall carbon nanotubes , on October 23, 2024. OCSiAl will supply NEO with SWCNT products to manufacture a high-specification model of NEO's [...]
NEO Battery Materials Ltd. , a low-cost silicon anode materials developer that enables longer-running, rapid-charging lithium-ion batteries, is pleased to announce that the Company will be holding a corporate webinar on Thursday, December 5, 2024, at 7 PM EDT / 4 PM PDT / 9 AM KT. Corporate Webinar Registration Link: https://us06web.zoom.us/webinar/register/WN_150KRS5cQCKKQ0y9P0Pw_g This corporate webinar will address NEO [...]
NEO Battery Materials Ltd. , a low-cost silicon anode materials developer that enables longer-running, rapid-charging lithium-ion batteries, is pleased to announce the appointment of Mr. Seok Hyung Lee as a new independent director of the Company and the South Korean subsidiary, NBM Korea Co., Ltd. , effective November 22, 2024. Mr. Seok Hyung Lee is a distinguished South Korean attorney with an illustrious legal and [...]
Awarded as Consortium Partner in CAD$20M Recycled Silicon Battery Project Organized by the South Korean Ministry of Trade, Industry, and Energy Major South Korean Battery Value Chain Companies and Universities as Consortium Partners Hansol Chemical as Head Project Organization along with South Korea's Largest Cathode Materials Producer, INNOX eco-M, LiBEST, etc. Project Focus: Developing High-Performance, Low-Cost Silicon [...]
NEO Battery Materials Ltd. , a low-cost silicon anode materials developer that enables longer-running, rapid-charging lithium-ion batteries, is highly pleased to announce the signing of a Memorandum of Understanding with Linde Korea Co., Ltd. , an affiliate of the leading industrial gases and engineering company, on November 6, 2024, to collaborate on the scale-up of NEO's silicon anode manufacturing for lithium-ion [...]
Letter of Intent Entered with Undisclosed Canadian Municipality for Purposes of Commercial Facility Land Lease Intending to Secure Approximately 8 Acres of Municipal Land with Tax Incentives and Favourable Lease Terms Plans to Construct and Operate Silicon Anode Manufacturing Plant Capable of Producing 5,000 Tons Per Year To Capitalize on Aggressive Policies and Financial Support Provided by Canadian Governmental [...]
NEO Battery Materials Ltd. , a low-cost silicon anode materials developer that enables longer-running, rapid-charging lithium-ion batteries, is pleased to announce that it has closed the non-brokered private placement of 2,000,000 units of the Company at the price of $0.40 CAD per Unit for gross proceeds of $800,000 CAD. Each Unit consists of one common share of the Company and one-half of one non-transferable Common [...]