Nano One Provides Progress Update on Its Alliance with Worley and Cost Comparison Demonstrating the Case for One-Pot(TM) Enabled LFP Cathode Production

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[{"type":"text","content":"Nano One Provides Progress Update on Its Alliance with Worley and Cost Comparison Demonstrating the Case for One-Pot(TM) Enabled LFP Cathode ProductionVANCOUVER, BC / ACCESSWIRE / December 4, 2024 / (TSX:NANO)(OTC PINK:NNOMF)(Frankfurt:LBMB)Detailed pre-license package now being offered to target customers.Cost comparison confirms economic advantages of One-Pot process.\"Design-one-build-many\" plant layouts completed.Further engineering underway to scale-up and de-risk technology delivery.Nano One® Materials Corp. (\"Nano One\" or the \"Company\"), a clean technology company with a patented process for the low-cost, low-greenhouse gas (GHG) production of lithium-ion battery cathode active materials (CAM), is pleased to report on the progress of the Worley Chemetics - Nano One Strategic Alliance (\"Alliance\"), including a jointly conducted cost comparison confirming the economic advantages of Nano One's patented One-Pot™ process for lithium iron phosphate (LFP). In addition, the preliminary design and full-scale layout of the modular \"design-one-build-many\" plant is complete and being marketed with the cost comparison study to prospective clients. Figure 1. Preliminary design and layout of the modular One-Pot-enabled LFP cathode production line. Image Source: Worley and Nano One.The comparative analysis showed that One-Pot could enable at least 30% lower costs in total invested capital and up to 30% lower operational costs, using up to 80% less energy than the incumbent method. One-Pot also eliminates sodium sulphate wastewater and as reported on December 6, 2023, could use up to 80% less process water and reduce GHG emissions by up to 50% depending on energy sources and jurisdiction.Laura Leonard, Worley Group President of Technology Solutions, said, \"As we continue marketing the One-Pot process, it's compelling to see data demonstrating our competitive edge. We are working collaboratively with Nano One on initial sales efforts while developing a detailed LFP CAM technology package for potential licensees. Nothing is more validating than the interest we are seeing from our mature customer base.\"The benefits of One-Pot mainly attribute to the elimination of the iron and phosphate precursor steps (pCAM) by integrating them with the lithium addition step (CAM), high efficiency thermal processing and the eliminatio...

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