Neo Battery Materials Ltd - NBMFF STOCK NEWS

NEO Battery Materials (NBMFF) has announced a collaboration with Rockwell Automation, the world's largest industrial automation company, to enhance its planned silicon anode manufacturing facility in Windsor, Ontario. The partnership aims to integrate advanced automation solutions to improve production efficiency, quality control, and scalability.

Rockwell will provide digital tools for real-time monitoring and data-driven insights, supporting enhanced decision-making and reducing workflow lead times. The collaboration is designed to help NEO achieve operational readiness for large-scale, commercial production of its silicon anode technology.

NEO plans to expand operations to the United States, with Rockwell Automation potentially helping launch additional facilities, such as in Ohio. The partnership is expected to streamline production processes and optimize resource utilization, enabling NEO to deliver high-quality silicon anode materials for lithium-ion batteries in electric vehicles and energy storage systems.

NEO Battery Materials (TSXV: NBM) (OTC: NBMFF) announces production scale-up to 20 tons per year for its silicon anode materials, responding to increasing customer demand following breakthrough performance of its P-300 series. The expansion includes securing additional facilities at Gyeonggi Technopark and implementing new equipment for larger batch processing.

The company is initiating mass-producibility testing to optimize manufacturing processes from pilot-scale to factory-level production, focusing on quality assurance and cost control. The P-300 series has particularly strong demand for silicon-graphite anode applications, where silicon typically comprises 5-10% of the anode material.

Additionally, NEO received a Notice of Allowance from the Korean Intellectual Property Office for a patent related to composite nanoparticle technology with carbonaceous layer coating.

NEO Battery Materials (TSXV: NBM, OTC: NBMFF) has initiated key steps toward establishing Canada's first silicon anode manufacturing facility in Windsor, Ontario. The company has commissioned Dragun to conduct a Phase I Environmental Site Assessment (ESA) for the 8-acre site in Windsor Airport South Industrial Park. If areas of environmental concern are identified, a Phase II ESA and remediation will follow.

The company is simultaneously pre-qualifying contractors and construction companies for the project. The planned facility will have a production capacity of 5,000 tons of silicon anode materials annually, aimed at reducing North America's reliance on imported battery materials. The project is designed to support regional economic development through job creation and investment while advancing sustainable battery materials technology.

NEO Battery Materials (NBMFF) has secured a significant lease agreement with Windsor, Ontario, to establish Canada's first silicon anode manufacturing facility. The company will lease 8 acres at Windsor Airport to construct a plant capable of producing 5,000 tons of silicon anodes annually.

The initial investment of CAD 69 million is expected to grow to approximately CAD 120 million over 8 years for facility expansion and value-added projects. The 49-year lease agreement includes tax incentives and favorable terms, with the facility projected to create over 100 skilled jobs when fully operational.

This development aligns with market growth projections, as the global silicon anode battery market, valued at USD 279.29 million in 2023, is expected to grow at a CAGR of 47.1% from 2024 to 2030. The facility aims to reduce North America's reliance on imported materials and strengthen the regional battery supply chain.

NEO Battery Materials (NBMFF) has secured 8 acres at Windsor Airport, Ontario, to establish Canada's first advanced silicon anode manufacturing facility. The company plans to invest CAD 69 million initially, with total investments reaching approximately CAD 120 million over 8 years.

The facility will have an annual production capacity of 5,000 tons of silicon anodes and is expected to create over 100 skilled jobs when fully operational. The agreement includes a 49-year initial term with tax incentives and favorable lease terms. The Windsor City Council has approved a grant to support NEO's operations.

Located in one of Canada's key automotive and battery hubs, the facility aims to reduce reliance on imported materials and enhance North America's battery supply chain resilience.

NEO Battery Materials (NBMFF) has launched NBMSiDE® P-300, an advanced silicon anode product with breakthrough battery capacity. The P-300 silicon-graphite anodes demonstrate a 500 mAh/g capacity with under 7% silicon content, representing a 43% higher initial capacity than traditional graphite anodes while saving 50% of materials compared to competitors.

The company is expanding its focus to solid-state batteries for space and eVTOL industries. P-300 silicon-graphite anodes can achieve an 800 mAh/g capacity, showing 130% higher initial capacity than graphite anodes. NEO has submitted a patent application to protect its manufacturing process to the Korean Intellectual Property Office.

The company aims to position itself in emerging opportunities within space and eVTOL sectors, which require lightweight, high-performance, and thermally stable energy solutions. The P-300's enhanced conductivity and improved lithium-ion diffusion are expected to provide stable performance in solid-state batteries.

NEO Battery Materials (NBMFF) has launched NBMSiDE® P-300, an advanced silicon anode product showing breakthrough battery capacity improvements. The P-300 silicon-graphite anodes demonstrate a 43% higher initial capacity than traditional graphite anodes while using less than 7% silicon and saving 50% of materials compared to competitors.

The product can achieve an 800 mAh/g capacity, representing a 130% higher initial capacity than graphite anodes. P-300 is currently under optimization for pilot production and full cell implementation. The company has submitted a patent application to protect its manufacturing process.

NEO is expanding its focus to include the space and eVTOL industries through solid-state batteries, leveraging P-300's enhanced conductivity and improved lithium-ion diffusion capabilities. The company aims to capitalize on these emerging markets alongside its existing electric vehicle focus.

NEO Battery Materials (TSXV: NBM, OTC: NBMFF) has signed a joint development agreement with a North American battery cell manufacturer for specialty electric automotive and mobility applications. The agreement, effective November 30, 2024, focuses on developing and enhancing silicon anode materials performance.

Under the JDA, NEO will provide its proprietary polymer-coated silicon anode materials for integration into the partner's lithium-ion battery cells. The collaboration will follow a multi-phase approach, optimizing silicon anodes according to various battery cell sizes and formats.

This partnership represents NEO's first JDA with the downstream supply chain and aims to strengthen the North American battery supply chain, which is projected to grow from 300 GWh in 2024 to 1.2 TWh annually by 2030. The company is also finalizing a land lease agreement for its North American Silicon Anode Plant.

NEO Battery Materials (TSXV: NBM) (OTC: NBMFF) has confirmed that its operations remain stable and unaffected by South Korea's recent declaration of emergency martial law. The company's R&D Scale-Up Centre in South Korea continues to operate normally, with all projects proceeding as planned. The martial law, which was declared due to political gridlock between ruling and opposing parties, has already been ended by the South Korean National Assembly as of December 4, 2024. The company emphasizes that there are no disruptions to its activities in South Korea and continues its focus on developing silicon anode materials for lithium-ion batteries.