To Upsize the R&D Scale-Up Centre to Accommodate the Increased Material Evaluation Pipeline and to Prepare for Pre-Commercialization Phase Larger-Scale Production and Greater Engineering Headcount Implemented to Realize R&D, Commercial Plant, and Advanced Agreement Milestones Applied to Gyeonggi Technopark for Expansion Space through MOU with Gyeonggi Province To Hire At Least 5 Masters or Ph.D. Engineering Professionals [...]
Appointed Dr. Luc C. Duchesne, Ph.D., as VP of Government Relations to Initiate Canada Expansion Strategy Funded by Federal and Provincial Grant and Non-Dilutive Financing Programs Extensive Record in Grant Applications, Public-Private Partnerships, and Business Operations in Pharmaceutical, Energy, and Mining Establishing Ontario R&D Centre for Silicon Anode Production & Ease of Access to North American Global Battery [...]
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 has recently conducted an internal feasibility study of its Silicon Anode Commercial Plant in South Korea. The preliminary assessment has yielded robust economics and high profitability for NEO's cost-transformative silicon anode materials [...]
Entered Into Binding Agreement with Preferred Contractor for South Korean Commercial Plant To Initiate Ground Break in August 2023 with Targeted Completion by First Half of 2024 for Plant Commissioning and Mass Production Validation Initial Capacity of 240 Tons Per Year with Final Scale-Up to 5,000 Tons Per Year Will Supply Up to 3 Million EVs Across South Korea, the U.S., and Europe [...]
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, in compliance with the policies and guidelines of the TSX Venture Exchange and other applicable legislation, it has engaged Generation IACP Inc. to provide market making services with the objective of maintaining a reasonable market and improving the [...]
NEO Battery Materials Ltd. , a low-cost silicon anode materials developer that enables longer-running, rapid-charging lithium-ion batteries, announces a financing to raise a minimum of $3.9 million CAD in connection with the Change of Business into an Industrial, Technology, or Life Sciences Tier 2 Issuer. The Company has yet to finalize the term, nature and/or price of each Unit of the financing. The net proceeds of the [...]
Designated Preferred Contractor for South Korean Commercial Plant To Commence Final Negotiations Regarding Estimate Details, Construction Timeline, Material Procurement, and Other Considerations To Initiate Construction Upon Finalization of Construction Contract and Expects Completion by the First Half of 2024 for Plant Commissioning and Mass Production Validation Preferred Contractor with Various Experience with GMP [...]
Signed Over 10 NDAs that Include Global-Tier Battery Cell Manufacturers and EV Automakers through Interest in Uniform Nanocoating Capability To Conduct Additional Product Evaluation with Optimized Silicon Anodes in Larger Battery Cell Formats Two Patents Filed Regarding Silicon Anode Material Properties and Manufacturing Processes Targeting to Retain 15 Patents Issued and Pending by the End of Year Successful Business [...]
Significant Technology Milestone of Uniform Nanocoating Capability on Silicon Anodes Robustness and Nanocoating Thickness Control Effectively Increases Battery Run-Time and Cuts Down Charging Time for EVs To File Additional Patents Related to Uniform Coating Solution Process Optimized One-Step Process Will Allow NEO to Supply 70% Cheaper Silicon Anodes Compared to Current Competitors Uniform Nanocoating Technology to [...]
Files 6th Patent to Korean Intellectual Property Office for One-Step Nanocoating Technology for Silicon Anodes Ongoing Commitment to Strengthen IP Portfolio and Protect Unique Battery Engineering and Technology Solution Expected to File Multiple Patents on Materials and Manufacturing Process in First Half of 2023 Completed RFQ Process & Received Bids from 3 Candidate Contractors in South Korea To Negotiate and Select [...]
In Discussion with 3 Contractors for RFQ in 2 Weeks & Will Select Best Contractor Based on Critical Procurement Factors Additional Material Evaluation with Further-Enhanced Silicon Anodes with 3 US-Based Battery Cell Manufacturers Including a Solid-State Battery Developer Engaged with Working Partners to Carry Forward Collaborative Ventures in Domestic and International Markets Final Stages of Securing Prominent U.S. VC [...]
NEO Battery Materials Ltd. , a low-cost silicon anode materials developer that enables longer-running, rapid-charging lithium-ion batteries, announces that Chief Executive Officer Spencer Huh and Corporate Development Manager Danny Huh will participate in the Electric Vehicle & Auto Tech Virtual Conference, presented by Maxim Group and hosted by M-Vest, on Thursday, March 30, 2023. Both will participate in the Company's [...]
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