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InvestmentPitch Media Video Features NEO Battery Materials, which is Focused on Becoming a Silicon Anode Active Materials Supplier to the EV Industry - Video Available on Investmentpitch.com
Vancouver, British Columbia--(Newsfile Corp. - June 8, 2021) - NEO Battery Materials (TSXV: NB...
About this update from Neo Battery Materials Ltd
[{"type":"text","content":"InvestmentPitch Media Video Features NEO Battery Materials, which is Focused on Becoming a Silicon Anode Active Materials Supplier to the EV Industry - Video Available on Investmentpitch.comVancouver, British Columbia--(Newsfile Corp. - June 8, 2021) - NEO Battery Materials (TSXV: NBM) (OTC: NBMFF), a Vancouver-based junior resource company, is focused on becoming a silicon anode active materials supplier to the electric vehicle industry is today's featured company video with Investmentpitch Media. The company is focusing on developing silicon anodes through nanocoating an ion-conductive polymer layer, which provides improvements in capacity and efficiency over lithium-ion batteries using graphite in their anode materials.For more information, please view the InvestmentPitch Media \"video\" which provides additional information on the company and this news. If this link is not enabled, please visit www.InvestmentPitch.com and enter \"NEO Battery\" in the search box. Cannot view this video? Visit:http://www.investmentpitch.com/video/1_zr8bdyym/Investmentpitch-Media-video-features-NEO-Battery-Materials-which-is-focused-on-becoming-a-silicon-anode-active-materials-supplier-to-the-electric-vehicle-industryTo source a supply of raw materials, the company staked 467 hectares of mining claims in Golden, British Columbia, along a strike with a quartzite bed, targeting silica in the quartzites.The advantages of silicon are supported by Elon Musk, who during a conference call with reporters in 2015, stated: \"We're shifting the cell chemistry for the upgraded pack to partially use silicon in the anode. This is just sort of a baby step in the direction of using silicon in the anode. We're still primarily using synthetic graphite, but over time we'll be using increasing amounts of silicon in the anode.\"In December 2019, James Frith, BloombergNEF's senior energy storage analyst, stated: \"According to our forecasts, by 2030 the battery market will be worth $116 billion annually, and this doesn't include investment in the supply chain.\"Just this week, the company bolstered its Scientific Advisory Board of battery experts with the addition of Dr. Jinhyuk Lee, an expert in the field of rechargeable batteries and is currently an Assistant Professor of Materials Engineering at McGill University. Dr. Lee received his Ph.D. from MIT in 2015 and p...