Business
Nano One Update
Vancouver, British Columbia--(Newsfile Corp. - January 29, 2018) - Dan Blondal, CEO of Nano On...
About this update from Nano One Materials Corp
[{"type":"text","content":"Nano One UpdateVancouver, British Columbia--(Newsfile Corp. - January 29, 2018) - Dan Blondal, CEO of Nano One (TSXV: NNO) (OTC Pink: NNOMF) (FSE: LBMB) is pleased to provide an update on corporate and technical activities currently underway that include materials development and testing with global leaders in the lithium ion battery supply chain.Nano One has begun working with a tier 1 automotive supplier on the development of cobalt-free high-voltage spinel (HVS) and nickel-rich NMC cathode materials (622, 811) for the advancement of solid-state lithium ion batteries. Coatings, dopants and additives are being developed to enhance durability, stability and compatibility with solid electrolytes.\"There is a global effort underway to make solid state commercially viable,\" explained Mr. Blondal, \"with the goal of increasing safety, energy density and cost savings, and Nano One's technology contributes to the development of the required cathode materials.\"\"The successful construction and operation of Nano One's pilot plant in 2017 has enabled the production of larger volumes of cathode material and has triggered several other third party evaluations of HVS, 622, 811 and lithium iron phosphate cathode materials.\"Operating the pilot has also enabled Nano One to complete preliminary engineering plans for a modular 3300 ton/yr cathode production unit that could supply materials for roughly 24,000 60kWh electric vehicle batteries. Corporately, Nano One has also begun work on detailed plant engineering in support of technology licensing proposals to global industrial interests.\"Lastly,\" added Mr. Blondal \"Nano One's process can use lithium feedstock in the form of either carbonate or hydroxide for the production of high performance cathode materials, and we have begun working with a range of lithium sources from various producers to demonstrate the flexibility of our processing technology. We believe this could reduce constraints on the supply of battery grade lithium by enabling new sources.\"This work leverages ongoing support from the Government of Canada through both Sustainable Development Technology Canada and Automotive Supplier's Innovation Program. Mr. Blondal will be speaking publicly about these undertakings at three investment conferences this week including NobleCon14 in Fort Lauderdale (January 29-30)...