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NEO Battery (TSXV:NBM) starts a pilot plant project
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  • NEO (NBM) has launched a pilot plant project that will test NEO's single-step silicon (Si) nanocoating process for metallurgical-grade silicon
  • NEO's single-step and one-pot solution process effectively removes the need for a multistage manufacturing process
  • Economical manufacturing is additionally facilitated through NEO's single-step process that does not involve complex and expensive environments such as high temperature, high pressure, or a vacuum
  • NEO, moreover, uses low-cost coating feedstocks to manufacture the silicon materials which further lowers the cost of its end-product along with the safe synthesis
  • The capability to coat Si at the desired particle size will lead to a major manufacturing and cost advantage, enabling it to be an integrated silicon producer and anode material manufacturer
  • NEO Battery Materials Ltd. (NBM) is up 10.00 per cent and is trading at C$0.38 at 12:18 pm ET

NEO (NBM) has launched a pilot plant project that will test NEO's single-step silicon (Si) nanocoating process for metallurgical-grade silicon.

Spencer Huh, President and CEO of NEO, commented,

"NEO's team of scientists have also started to test and validate an equipment that will be used in the project by attempting to apply NEO's all solution based one-pot nanocoating technology for commercial-level micron-sized Si materials."

"This research project has been launched at the request of several lithium-ion battery users," concluded Huh.

Dr. Park added,

"The feasibility study and related preliminary work to optimize the design process will be updated shortly.”

Sung Rock Hwang, Chief Operating Officer and Senior Vice President of NEO, said,

"The goal of the project is to establish a basic pilot scale coating process design and to check the feasibility of NEO's nanocoating technology for metallurgical-grade silicon." 

NEO's single-step and one-pot solution process effectively removes the need for a multistage manufacturing process, resulting in the reduction of processing time while improving the throughput rate.

Economical manufacturing is additionally facilitated through NEO's single-step process that does not involve complex and expensive environments such as high temperature, high pressure, or a vacuum.

Chemical vapour deposition (CVD), pyrolysis methods, or other high-cost engineering methods are not utilized when manufacturing NEO Si materials as these processes are not compatible for scalability and inexpensively mass-producing the materials.

NEO, moreover, uses low-cost coating feedstocks to manufacture the silicon materials which further lowers the cost of its end-product along with safe synthesis.

NEO is looking toward the possibility of integrating its single-step coating process into various kinds of Si materials to realize a universal and innovative process.

The capability to coat Si at a desired particle size will lead to a major manufacturing and cost advantage - a substantial value proposition for NEO - enabling the Company to become an integrated silicon producer and anode material manufacturer.

NEO Battery Materials Ltd. is a Vancouver-based resource company focused on battery metals exploration in North America.

NEO Battery Materials Ltd. (NBM) is up 10.00 per cent and is trading at C$0.38 at 12:18 pm ET.

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