Technology Advancement: NEO Battery Expands Production Yield and Capacity with Manufacturing Innovation
TORONTO, March 14, 2024 (GLOBE NEWSWIRE) -- (TSXV: NBM) (OTCQB: NBMFF)
- TORONTO, March 14, 2024 (GLOBE NEWSWIRE) -- (TSXV: NBM) (OTCQB: NBMFF)
Major Process Innovation Improves Silicon Anode Yield, Capacity, and Particle Uniformity
NEO Battery Materials Ltd. (“NEO” or the “Company”), a low-cost silicon anode materials developer that enables longer-running, rapid-charging lithium-ion batteries, is pleased to report technological advancements in NEO Battery’s silicon anode production yield, capacity, and quality through its recent manufacturing innovation. - During NBMSiDE® manufacturing, special additives effectively prevent silicon particle clustering or agglomeration by acting as an interparticle buffer layer.
- By developing similar innovations, NEO Battery Materials aims to become a leader in the silicon anode market by securing price competitiveness through increased production yield and improving particle size uniformity and product quality.
- This innovation is significant as no additional equipment or process changes are required to improve NEO’s One-Step Production Process.