- NEO Battery Materials (NBM) has launched 3 types of silicon (Si) anode materials
- The company is on schedule to target the semi-commercial scale production of these materials by the end of 2022
- NEO is positioning itself as a low-cost, Si anode materials supplier for electric vehicle lithium-ion batteries
- NEO Battery Materials Ltd. is a Vancouver-based company focused on battery metals and materials
- NEO Battery Materials Ltd. (NBM) is down 4.29 per cent on the day, trading at C$0.335 per share at 10:25 am EST
NEO Battery Materials (NBM) has launched 3 types of silicon (Si) anode active materials, NBMSiDE-P100, NBMSiDE-P200, and NBMSiDE-C100.
The company is on schedule to target the semi-commercial scale production of these materials by the end of 2022.
The products are manufactured using NEO’s proprietary nanocoating technology and are based on metallurgical-grade silicon with purities of at least 99.95 per cent.
NEO’s products have all achieved an initial coulombic efficiency (ICE) greater than 86 per cent, and high specific capacity (>2500 mAh/g). An ICE of 92 per cent or higher can be attained when NEO’s silicon is mixed with existing graphite anode. NEO’s technology significantly improves the life span and cycling stability compared to conventional metallurgical silicon-based particles.
Mr. Spencer Huh, President and CEO commented on the product launch.
“We are very glad to bring the 3 types of silicon anode active prototypes to the market as a result of valuable research and development for the past 7 years. All our business developments are aligned with our plans and strategy, and we have complete confidence in pushing towards the semi-commercial plant facility in South Korea. NEO is positioning itself as a low-cost, robust Si anode materials supplier for electric vehicle lithium-ion batteries, and we are set to provide long-term value for all stakeholders.”
Through securing the three product pipelines of silicon anode materials, NEO will be able to respond to the various needs of battery materials that are compatible in the lithium-ion battery cell system. The company is currently working towards adding two more product pipelines of silicon anode active materials to meet the market needs and initiatives of the emerging silicon anode market.
As one of the pipelines, NEO is expediting the process of developing its 100 per cent pure silicon anode based on CNT (carbon nanotube) conductive additives and new robust binder technologies and is currently conducting research and progressing commercialization projects regarding the graphite/silicon composite anode through active collaboration with companies that have signed NDAs.
Dr. J. H. Park, Director and Chief Scientific Advisor, commented,
“Most importantly, NEO Battery Materials is aiming towards uniquely manufacturing the silicon anode materials through a continuous process, unlike existing rechargeable battery material production methods. Our process that effectively reduces the cost of Si anode production will act as a stark point of differentiation compared to existing and potential competitors.”
NEO Battery Materials Ltd. is a Vancouver-based company focused on battery metals and materials.
The company produces silicon anodes materials through its proprietary single-step nanocoating process, which provides improvements in capacity and efficiency over lithium-ion batteries using graphite in their anode materials.
NEO Battery Materials Ltd. (NBM) is down 4.29 per cent on the day, trading at C$0.335 per share at 10:25 am EST.
