STOCK TITAN

M2i Global and Next-Gen Energy Technology Execute Collaboration Agreement to Support Critical Minerals for Onshore Battery Manufacturing

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags

M2i Global (OTCQB:MTWO) has announced a collaboration agreement with Next-Gen Energy Technology to support the establishment of the first Lithium (NCA) cathode materials manufacturing plant outside of China. This partnership leverages M2i's Global Critical Minerals Ecosystem, which provides access to turnkey solutions and supports U.S. national defense, job creation, and renewable energy transition.

Next-Gen, an Australian-based company, specializes in advanced ternary cathode materials for lithium-ion batteries. The collaboration aims to accelerate Next-Gen's plans for onshore battery manufacturing in Australia, utilizing the country's unique position as the only nation with all critical minerals required for Lithium NCA cathode materials production. This initiative aligns with the Australia-United States Climate, Critical Minerals and Clean Energy Transformation Compact, promoting sovereign manufacturing capabilities and strengthening the global critical minerals value chain.

M2i Global (OTCQB:MTWO) ha annunciato un accordo di collaborazione con Next-Gen Energy Technology per supportare l'istituzione del primo stabilimento di produzione di materiali catodici al Litio (NCA) al di fuori della Cina. Questa partnership sfrutta l'Ecosistema Globale dei Minerali Critici di M2i, che fornisce accesso a soluzioni pronte all'uso e supporta la difesa nazionale degli Stati Uniti, la creazione di posti di lavoro e la transizione verso energie rinnovabili.

Next-Gen, un'azienda australiana, si specializza in materiali catodici ternari avanzati per batterie agli ioni di litio. La collaborazione mira ad accelerare i piani di Next-Gen per la produzione di batterie a terra in Australia, sfruttando la posizione unica del paese come l'unica nazione in possesso di tutti i minerali critici necessari per la produzione di materiali catodici al Litio NCA. Questa iniziativa è in linea con il Patto sull'Energia Pulita, i Minerali Critici e il Clima tra Australia e Stati Uniti, promuovendo capacità di produzione sovrane e rafforzando la catena del valore globale dei minerali critici.

M2i Global (OTCQB:MTWO) ha anunciado un acuerdo de colaboración con Next-Gen Energy Technology para apoyar el establecimiento de la primera planta de fabricación de materiales de cátodo de litio (NCA) fuera de China. Esta asociación aprovecha el Ecosistema Global de Minerales Críticos de M2i, que proporciona acceso a soluciones llave en mano y apoya la defensa nacional de EE. UU., la creación de empleos y la transición hacia energías renovables.

Next-Gen, una empresa australiana, se especializa en materiales de cátodo ternarios avanzados para baterías de iones de litio. La colaboración tiene como objetivo acelerar los planes de Next-Gen para la fabricación de baterías en tierra en Australia, utilizando la posición única del país como la única nación con todos los minerales críticos requeridos para la producción de materiales de cátodo de litio NCA. Esta iniciativa está alineada con el Pacto de Transformación del Clima, Minerales Críticos y Energía Limpia entre Australia y Estados Unidos, promoviendo capacidades de fabricación soberanas y fortaleciendo la cadena de valor global de los minerales críticos.

M2i Global (OTCQB:MTWO)는 중국 외부에서 최초의 리튬(NCA) 양극 재료 제조 공장 설립을 지원하기 위해 Next-Gen Energy Technology와 협력 협약을 발표했습니다. 이 파트너십은 M2i의 글로벌 크리티컬 미네랄 생태계를 활용하여 즉각적인 솔루션에 대한 접근을 제공하고 미국의 국방, 일자리 창출 및 재생 가능 에너지 전환을 지원합니다.

호주에 본사를 두고 있는 Next-Gen은 리튬 이온 배터리를 위한 고급 삼원 양극 재료를 전문으로 하는 회사입니다. 협력의 목표는 호주에서 Next-Gen의 육상 배터리 제조 계획을 가속화하는 것이며, 이 나라는 리튬 NCA 양극 재료 생산에 필요한 모든 핵심 광물을 보유한 유일한 국가입니다. 이 이니셔티브는 호주-미국 기후, 핵심 광물 및 청정 에너지 전환 협약에 부합하며, 주권 제조 능력을 촉진하고 글로벌 핵심 광물 가치 사슬을 강화하는 데 기여합니다.

M2i Global (OTCQB:MTWO) a annoncé un accord de collaboration avec Next-Gen Energy Technology pour soutenir l'établissement de la première usine de fabrication de matériaux cathodiques au lithium (NCA) en dehors de la Chine. Ce partenariat s'appuie sur l'Écosystème mondial des minéraux critiques de M2i, qui offre un accès à des solutions clés en main et soutient la défense nationale des États-Unis, la création d'emplois et la transition vers les énergies renouvelables.

Next-Gen, une entreprise australienne, se spécialise dans les matériaux cathodiques ternaires avancés pour les batteries lithium-ion. La collaboration vise à accélérer les projets de Next-Gen pour la fabrication de batteries sur le sol australien, en tirant parti de la position unique du pays en tant que seule nation disposant de tous les minéraux critiques nécessaires à la production de matériaux cathodiques au lithium NCA. Cette initiative s'inscrit dans le cadre du pacte sur le climat, les minéraux critiques et la transformation de l'énergie propre entre l'Australie et les États-Unis, promouvant des capacités de fabrication souveraines et renforçant la chaîne de valeur mondiale des minéraux critiques.

M2i Global (OTCQB:MTWO) hat eine Kooperationsvereinbarung mit Next-Gen Energy Technology bekannt gegeben, um die Errichtung des ersten Lithium(NCA)-Kathodenmaterialherstellungswerks außerhalb Chinas zu unterstützen. Diese Partnerschaft nutzt das Globale Kritische Mineralien Ökosystem von M2i, das Zugang zu schlüsselfertigen Lösungen bietet und die nationale Verteidigung der USA, die Schaffung von Arbeitsplätzen und den Übergang zu erneuerbaren Energien unterstützt.

Next-Gen, ein in Australien ansässiges Unternehmen, spezialisiert sich auf fortschrittliche ternäre Kathodenmaterialien für Lithium-Ionen-Batterien. Die Zusammenarbeit zielt darauf ab, Next-Gens Pläne für die Inlandsbatteriefertigung in Australien zu beschleunigen, indem die einzigartige Position des Landes als einzige Nation genutzt wird, die alle kritischen Mineralien für die Produktion von Lithium NCA Kathodenmaterialien benötigt. Diese Initiative steht im Einklang mit dem Australien-Vereinigte Staaten Klimawandel-, Kritische Mineralien- und Saubere Energie Transformationspakt, der souveräne Fertigungskapazitäten fördert und die globale Wertschöpfungskette der kritischen Mineralien stärkt.

Positive
  • Collaboration agreement with Next-Gen Energy Technology to support first Lithium (NCA) cathode materials plant outside China
  • Leverages M2i's Global Critical Minerals Ecosystem for turnkey solutions
  • Supports U.S. national defense, job creation, and renewable energy transition
  • Aligns with Australia-United States Climate, Critical Minerals and Clean Energy Transformation Compact
  • Potential for expanded business opportunities and securing offtake agreements
Negative
  • None.

Next-Gen is Currently Building a Lithium Battery Materials Manufacturing Plant in Australia

RENO, NV / ACCESSWIRE / September 19, 2024 / M2i Global, Inc. ("M2i," the "Company," "we," "our" or "us") (OTCQB:MTWO), a company specializing in the development and execution of a complete global value supply chain for critical minerals, is pleased to announce its execution of a collaboration agreement with Next-Gen Energy Technology ("Next-Gen") that will accelerate Next-Gen's plans to establish the first Lithium (NCA) cathode materials manufacturing plant outside of China.

M2i's Global Critical Minerals Ecosystem provides partners with access to turnkey solutions, facilitating expanded business opportunities, securing offtake agreements, influencing strategic government policy, engaging with aligned NGOs, and trusted laboratories. This ecosystem is vital for supporting U.S. national defense, job creation, and the transition to renewable energy.

Next-Gen Energy Technologyis an Australian-based company which specializes in advanced ternary cathode materials for lithium-ion batteries, primarily used in electric vehicles and battery energy storage systems. Next-Gen Energy Technology and Siemens have signed a Memorandum of Understanding (MoU) that will accelerate Next-Gen's efforts to establish the first Li (NCA) cathode materials manufacturing plant outside of China.

Australia is the only country in the world to have all the critical minerals required to produce Lithium NCA cathode materials currently mined in multiple states. Traditionally, minerals are sent offshore for refining and processing in China, yet 60% of the global cathode market is in the Asia pacific region.

Speaking on the collaboration, Andrew Cooper, CEO of Next-Gen, said, "Our patented Lithium NCA solution is world first, transformative and nation building. We are 100% Australian owned and operated with a depth of knowledge in energy storage materials development. For over 10 years we have collaborated with some of the world's leading experts in lithium technology who have worked with us to develop our patented technology. This new knowledge will now be transferred to Australia to provide local employment and export opportunities to support sovereign manufacturing for our partners in the US under the Australia-United States Climate, Critical Minerals and Clean Energy Transformation Compact. This project will be the centerpiece for the battery value chain attracting both upstream and downstream global investment and will strengthen both Australia's sovereign manufacturing capabilities and the US."

Cooper further stated: "We are partnering with global organizations that bring significant technical expertise to the table that builds a strong foundation for a highly resilient critical minerals value chain."

Doug Cole, Executive Chairman of M2i, commented, "This collaboration aligns with our strategy to engage with solid partners all over the world in order to complete a global value supply chain for critical minerals. We look forward to working closely with Andrew and his Next-Gen team to build a unique value-added solution for lithium in Australia and the US."

About Next-Gen Energy Technology
Next-Gen Energy Technology is an Australian-based company which specializes in advanced ternary cathode materials for lithium-ion batteries, primarily used in electric vehicles and battery energy storage systems.

Our product, Nickel Cobalt Aluminum (NCA) cells, offers superior safety performance by effectively managing heat dissipation, making them more secure and easier to use than other conventional battery materials. They are also more sustainable and cost-effective due to their lower cobalt content, and have been adopted by automotive giant Tesla.

Next-Gen places a high value on minimizing environmental impact and promoting sustainability in the energy sector, which is why the company is dedicated to developing materials and technologies that align with these values to meet the increasing global demand for renewable energy and energy storage solutions.

For additional information, please visit: https://www.next-genet.com

About M2i Global, Inc. (OTCQB:MTWO): M2i Global, Inc., through its subsidiary U.S. Minerals and Metals Corp., provides engineering, research, and services that integrate people, technology, and solutions from across sectors to ensure access to critical minerals and metals for national defense and economic security. The Company aims to establish a Strategic Mineral Reserve in partnership with the U.S. Federal Government, creating a resilient supply chain that addresses the global shortage of essential minerals and metals.

For more information, please visit www.m2i.global

FORWARD-LOOKING STATEMENTS:
This press release contains "forward-looking statements." Such statements may be preceded by the words "intends," "may," "will," "plans," "expects," "anticipates," "projects," "predicts," "estimates," "aims," "believes," "hopes," "potential," or similar words. Forward-looking statements are not guarantees of future performance, are based on certain assumptions and are subject to various known and unknown risks and uncertainties, many of which are beyond the Company's control, and cannot be predicted or quantified and consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company's filings with the Securities and Exchange Commission ("SEC"), including the Company's most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Investors and security holders are urged to read these documents free of charge on the SEC's website at www.sec.gov.

All forward-looking statements speak only as of the date on which they are made. The Company undertakes no obligation to update any forward-looking statement or statements to reflect events or circumstances after the date on which such statement was made, except to the extent required by applicable securities laws.

Investor Contacts:
IR@M2icorp.com

Australian Media Enquiries
Shelley Chiang
Phone: +613 9369 8197
Email: shelley@next-genet.com

SOURCE: M2i Global Inc



View the original press release on accesswire.com

FAQ

What is the purpose of M2i Global's collaboration with Next-Gen Energy Technology?

The collaboration aims to support the establishment of the first Lithium (NCA) cathode materials manufacturing plant outside of China, accelerating Next-Gen's plans for onshore battery manufacturing in Australia.

How does this collaboration benefit M2i Global (MTWO)?

This collaboration aligns with M2i Global's strategy to engage with global partners to complete a global value supply chain for critical minerals, potentially expanding business opportunities and securing offtake agreements.

What is unique about Australia's position in this collaboration?

Australia is the only country in the world to have all the critical minerals required to produce Lithium NCA cathode materials currently mined in multiple states, making it an ideal location for onshore battery manufacturing.

How does this collaboration support the U.S. and Australia?

The collaboration supports U.S. national defense, job creation, and renewable energy transition while strengthening Australia's sovereign manufacturing capabilities in line with the Australia-United States Climate, Critical Minerals and Clean Energy Transformation Compact.

M2I GLOBAL INC

OTC:MTWO

MTWO Rankings

MTWO Latest News

MTWO Stock Data

100.52M
266.41M
33.62%
Other Industrial Metals & Mining
Basic Materials
Link
United States of America
Incline Village