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NEO Battery Materials partners with South Korean consortium for silicon anode development
Nov 20, 2024•over 1 year ago
Contract Type
partnership
North YorkManufacturing
Description
NEO Battery Materials has teamed up with a South Korean consortium to develop high-performance silicon anode materials using recycled silicon scrap from semiconductor and photovoltaic wafer manufacturing. The project is expected to receive C$20 million investment from the South Korean government over the next five years.
Company Information
Company
NEO Battery Materials
Location
North York, Ontario, Canada
About
NEO Battery Materials (TSXV: NBM) (OTC: NBMFF) is a Canadian battery materials technology company focused on developing silicon anode materials for lithium-ion batteries in electric vehicles, electronics, and energy storage systems. With a patent-protected, low-cost manufacturing process, NEO Battery enables longer-running and ultra-fasting charging batteries compared to existing state-of-the-art technologies. The Company aims to be a globally-leading producer of silicon anode materials for the electric vehicle and energy storage industries.
North YorkManufacturing