Business
Nano One Completes Engineering Study and Launches Pilot
Vancouver, British Columbia--(Newsfile Corp. - June 7, 2016) - Dan Blondal, CEO of Nano One...
About this update from Nano One Materials Corp
[{"type":"text","content":"Nano One Completes Engineering Study and Launches PilotVancouver, British Columbia--(Newsfile Corp. - June 7, 2016) - Dan Blondal, CEO of Nano One Materials Corp. (TSXV: NNO) (FSE: LBMB), today provided an update on the progress of its lithium battery materials pilot plant. \"We are pleased to report that the design phase of our pilot plant was completed on schedule and budget at the end of May.\" said Mr. Blondal. \"We initiated the procurement and construction phase on June 1 and are on track to have the pilot built early in 2017. The goal of the pilot is to simulate full scale production of lithium ion cathode materials and demonstrate the cost, scalability, performance and novelty of Nano One's technology to strategic industry players.\"The pilot plant will be used to showcase Nano One's patented technology and demonstrate cost, scalability and performance to third party strategic interests. It is designed with flexibility to demonstrate a variety of processing concepts and chemistries, enabling Nano One to adapt to market needs and produce a range of products, including Nano One's recently announced high voltage, cobalt free battery material. The pilot will be capable of producing ten (10) kilogram batches of various lithium mixed metal cathode materials that are strategically important to electric vehicle, grid storage and consumer electronic batteries.\"We have confidence in our piloting concepts,\" adds Mr. Blondal, \"and they have materialized into a platform that should readily scale. With these activities on target and underway, we are well positioned to execute our business plan and advance our strategic objectives.\"NANO ONE MATERIALS CORP.Dan Blondal, CEO For information with respect to Nano One or the contents of this news release, please contact John Lando (President) at (604) 669-2701 or visit the website at www.nanoone.ca.About Nano OneNano One Materials Corp (\"Nano One\" or \"the Company\") is developing novel and scalable processing technology for the low-cost production of high performance battery materials used in electric vehicles, energy storage and consumer electronics. The patented technology can be configured for a wide range of nanostructured materials and has the flexibility to shift with emerging and future battery market trends and a diverse range of other growth opportunities. The novel three-sta...