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Nano One and Johnson Matthey Enter into a Joint Development Agreement for Lithium-Ion Battery Materials
Nano One and Johnson Matthey announce the signing of a Joint Development Agreement. Co-devel...
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[{"type":"text","content":"Nano One and Johnson Matthey Enter into a Joint Development Agreement for Lithium-Ion Battery MaterialsNano One and Johnson Matthey announce the signing of a Joint Development Agreement.Co-development of next generation products and processes for Johnson Matthey's eLNO® family of nickel-rich advanced cathode materials using Nano One's patented One-Pot process.Includes detailed commercialization study for pre-pilot, pilot and scaled up production.Builds on the successful technical reviews and evaluations conducted by Nano One and JM over the past year.Vancouver, British Columbia--(Newsfile Corp. - June 3, 2021) - Nano One® Materials Corp. (TSXV: NNO) (OTC Pink: NNOMF) (FSE: LBMB) (Nano One), a clean technology innovator in battery materials, and Johnson Matthey (JM), a global leader in sustainable technologies, today announce a joint development agreement. Under this agreement the companies will co-develop next generation products and processes for Johnson Matthey's eLNO® family of nickel-rich advanced cathode materials using Nano One's patented One-Pot process and coated nanocrystal technology, for the low-cost, low-carbon footprint production of high-performance lithium ion battery cathode materials. JM has already made significant progress in the commercialisation of its family of nickel rich advanced cathode materials and has set a new standard in the sustainable production of battery cathode materials. Nano One's patented One-Pot process is designed to form a type of cathode material known as \"coated single crystal\" which can deliver increased durability. The process will also enable these materials to be made directly from metal powders and lithium carbonate to address cost, energy and sustainability objectives across the entire lithium-ion battery supply chain. The agreement will focus on developing materials, methods of production and a detailed commercialization study for pre-pilot, pilot and scaled up manufacturing. The agreement is the culmination of successful technical reviews and preliminary evaluations of both Nano One's high nickel cathode materials and IP conducted over the past year and represents a significant milestone in the business relationship between both companies.Mr. Dan Blondal, Nano One CEO, said:\"Johnson Matthey is a global leader in advanced lithium-ion cathode materials, and we ar...