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NEO Battery Materials Announces the Launch of 3 Silicon Anode Material Products "NBMSiDE" for High Performance Lithium-Ion Batteries
Vancouver, British Columbia--(Newsfile Corp. - December 6, 2021) - NEO Battery Materials Ltd. ...
About this update from Neo Battery Materials Ltd
[{"type":"text","content":"NEO Battery Materials Announces the Launch of 3 Silicon Anode Material Products \"NBMSiDE\" for High Performance Lithium-Ion BatteriesVancouver, British Columbia--(Newsfile Corp. - December 6, 2021) - NEO Battery Materials Ltd. (TSXV: NBM) (OTCQB: NBMFF) (\"NEO\" or the \"Company\") is pleased to announce that the Company has launched 3 types of silicon (Si) anode active materials, NBMSiDE-P100, NBMSiDE-P200, and NBMSiDE-C100, and is on schedule to target the semi-commercial scale production of these materials by the end of 2022. Figure 1To view an enhanced version of Figure 1, please visit:https://orders.newsfilecorp.com/files/4661/106722_792899ede40a4b40_001full.jpgThe three types of products are manufactured through NEO's proprietary nanocoating technology and are based on metallurgical-grade silicon with purities of at least 99.95%. NEO's products have all achieved an initial coulombic efficiency (ICE) greater than 86%, and high specific capacity (>2500 mAh/g). In addition, an ICE of 92% or higher can be attained when NEO's silicon is mixed with existing graphite anode. NEO's technology significantly improves the life span and cycling stability compared to conventional metallurgical silicon-based particles.Mr. Spencer Huh, President and CEO, expressed, \"We are very glad to bring the 3 types of silicon anode active prototypes to the market as a result of valuable research and development for the past 7 years. All our business developments are aligned with our plans and strategy, and we have complete confidence in pushing towards the semi-commercial plant facility in South Korea. NEO is positioning itself as a low-cost, robust Si anode materials supplier for electric vehicle lithium-ion batteries, and we are set to provide long-term value for all stakeholders.\"Pictured from Left to Right: S. J. Hwang (Scientific Advisor & Semi-Commercial Plant Project Manager), S. R. Hwang (SVP and COO), Dr. J. H. Park (Chief Scientific Advisor), Spencer Huh (President and CEO), Dr. Min Kim (Senior Research Engineer), and G. H. Cho (Project Manager)To view an enhanced version of this image, please visit:https://orders.newsfilecorp.com/files/4661/106722_792899ede40a4b40_002full.jpgThrough securing the three product pipelines of silicon anode materials, NEO will be able to respond more efficiently to the various needs of battery materia...