NEO Battery Materials Collaborates with Elementium Materials Leveraging Advanced Electrolyte Technology
NEO Battery Materials (NBMFF) has entered into a collaboration agreement with Elementium Materials on March 31, 2025, to enhance its silicon battery platform using Elementium's advanced electrolyte technology. The partnership aims to improve electrochemical performance metrics, particularly ultra-fast charging and discharging capabilities.
The collaboration targets specialty downstream markets including power tools, humanoid robots, drone/UAV, and aerospace systems that require high-specification batteries. Elementium's non-carbonate electrolytes are engineered to deliver enhanced safety, stability, and compatibility with emerging anode and cathode materials, addressing traditional electrolyte issues such as corrosion, oxidation, and toxic gas formation.
NEO Battery Materials (NBMFF) ha stipulato un accordo di collaborazione con Elementium Materials il 31 marzo 2025, per migliorare la sua piattaforma di batterie al silicio utilizzando la tecnologia avanzata degli elettroliti di Elementium. L'obiettivo della partnership è migliorare le metriche di prestazione elettrochimica, in particolare le capacità di ricarica e scarica ultra-rapide.
La collaborazione si rivolge a mercati specializzati a valle, tra cui utensili elettrici, robot umanoidi, droni/UAV e sistemi aerospaziali che richiedono batterie ad alta specifica. Gli elettroliti non carbonati di Elementium sono progettati per offrire maggiore sicurezza, stabilità e compatibilità con i materiali emergenti per anodi e catodi, affrontando i problemi tradizionali degli elettroliti come corrosione, ossidazione e formazione di gas tossici.
NEO Battery Materials (NBMFF) ha firmado un acuerdo de colaboración con Elementium Materials el 31 de marzo de 2025, para mejorar su plataforma de baterías de silicio utilizando la tecnología avanzada de electrolitos de Elementium. La asociación tiene como objetivo mejorar las métricas de rendimiento electroquímico, especialmente las capacidades de carga y descarga ultra-rápidas.
La colaboración se dirige a mercados especializados a nivel inferior, incluidos herramientas eléctricas, robots humanoides, drones/UAV y sistemas aeroespaciales que requieren baterías de alta especificación. Los electrolitos no carbonatados de Elementium están diseñados para ofrecer mayor seguridad, estabilidad y compatibilidad con materiales emergentes de ánodos y cátodos, abordando problemas tradicionales de electrolitos como la corrosión, la oxidación y la formación de gases tóxicos.
NEO Battery Materials (NBMFF)는 2025년 3월 31일 Elementium Materials와 협력 계약을 체결하여 Elementium의 고급 전해질 기술을 사용하여 실리콘 배터리 플랫폼을 향상시키기로 했습니다. 이 파트너십의 목표는 특히 초고속 충전 및 방전 능력과 같은 전기화학적 성능 지표를 개선하는 것입니다.
이 협력은 전동 공구, 휴머노이드 로봇, 드론/UAV 및 항공 우주 시스템과 같이 고사양 배터리가 필요한 특수 하위 시장을 대상으로 하고 있습니다. Elementium의 비탄산 전해질은 안전성, 안정성 및 새로운 음극 및 양극 재료와의 호환성을 높이기 위해 설계되었으며, 전통적인 전해질 문제인 부식, 산화 및 독성 가스 형성을 해결합니다.
NEO Battery Materials (NBMFF) a conclu un accord de collaboration avec Elementium Materials le 31 mars 2025, pour améliorer sa plateforme de batteries au silicium en utilisant la technologie avancée des électrolytes d'Elementium. L'objectif de ce partenariat est d'améliorer les indicateurs de performance électrochimique, en particulier les capacités de charge et de décharge ultra-rapides.
La collaboration cible des marchés spécialisés en aval, y compris outils électriques, robots humanoïdes, drones/UAV et systèmes aérospatiaux nécessitant des batteries de haute spécification. Les électrolytes non carbonatés d'Elementium sont conçus pour offrir une sécurité, une stabilité et une compatibilité accrues avec les nouveaux matériaux d'anodes et de cathodes, en s'attaquant aux problèmes traditionnels des électrolytes tels que la corrosion, l'oxydation et la formation de gaz toxiques.
NEO Battery Materials (NBMFF) hat am 31. März 2025 eine Kooperation mit Elementium Materials geschlossen, um seine Silizium-Batterieplattform mithilfe der fortschrittlichen Elektrolyttechnologie von Elementium zu verbessern. Ziel der Partnerschaft ist es, die elektrochemischen Leistungskennzahlen, insbesondere die ultra-schnellen Lade- und Entladefähigkeiten, zu optimieren.
Die Zusammenarbeit richtet sich an spezialisierte downstream Märkte, darunter Elektrowerkzeuge, humanoide Roboter, Drohnen/UAV und Luftfahrtsysteme, die Hochleistungsbatterien benötigen. Die nicht-karbonatischen Elektrolyte von Elementium sind so konzipiert, dass sie erhöhte Sicherheit, Stabilität und Kompatibilität mit neuen Anoden- und Kathodenmaterialien bieten und traditionelle Elektrolytprobleme wie Korrosion, Oxidation und Bildung von giftigen Gasen angehen.
- Strategic partnership to enhance battery performance in high-demand specialty markets
- Technology improvement targeting ultra-fast charging capabilities
- Access to advanced electrolyte technology addressing key battery safety and stability issues
- Technology remains unproven at commercial scale
- Potential manufacturing process scale-up risks
- Competition risks in securing experienced personnel and financing
- Collaboration Agreement with Elementium Materials, an Advanced Electrolyte Technology Company
- Using Elementium’s Advanced Electrolytes to Enhance NEO’s Silicon Battery Platform for Specialty Commercial Battery Cells
- Specialty Downstream Markets Include Power Tools, Humanoid Robots, Drone/UAV & Aerospace Systems
- Specialty Downstream Markets Include Power Tools, Humanoid Robots, Drone/UAV & Aerospace Systems
TORONTO, April 01, 2025 (GLOBE NEWSWIRE) -- NEO Battery Materials Ltd. (“NEO” or the “Company”) (TSXV: NBM) (OTC: NBMFF), a low-cost silicon anode materials developer that enables longer-running, rapid-charging lithium-ion batteries, is pleased to enter into a collaboration agreement (the “Agreement”) with Elementium Materials Inc. (“Elementium”), an advanced battery electrolyte technology company, on March 31, 2025.
As one of the four core battery components, electrolytes serve as the medium of transport for lithium ions between the anode and cathode during charging and discharging. While traditional electrolytes face corrosion, oxidation, and toxic gas formation issues, Elementium has engineered advanced electrolyte formulations to enhance battery stability, material robustness, and safety.
Under the terms of the Agreement, NEO will apply Elementium’s advanced electrolytes to its silicon battery platform for use in specialty commercial applications. The primary goal for collaboration is to improve electrochemical performance metrics, especially ultra-fast charging and discharging capabilities. This initiative is part of NEO’s broader strategy to identify complementary technologies that enable silicon battery integration into a wider range of downstream markets.
Mr. Spencer Huh, CEO & President of NEO, expressed, “High-demand, emerging downstream markets – such as power tools, humanoid robots, drone/UAV, and aerospace systems – require high-specification batteries in which silicon anodes and advanced electrolytes are indispensable components. Through this collaboration, NEO and Elementium are confident to deliver solutions that address these increasingly stringent performance needs.”
Dr. Matthew Dawson, CEO of Elementium, commented, We’re seeing strong market demand for high-performance silicon anode batteries. Elementium’s next-generation electrolyte unlocks the incredible potential of silicon batteries, and we are pleased to partner with NEO, one of the world’s leading silicon anode suppliers.”
About Elementium Materials Inc.
Elementium is a leading battery materials company focused on developing and scaling novel electrolyte formulations for advanced lithium-ion chemistries. The company’s proprietary non-carbonate electrolytes are engineered to deliver enhanced safety, stability, and compatibility with emerging anode and cathode materials, including silicon, manganese-rich, and high-nickel electrodes. Based in Boston, MA, Elementium partners with leading battery manufacturers and global battery end-users to accelerate the transition to high-performance, cost-effective, domestically manufactured energy storage solutions. For more information, visit www.elementium.io.
Contact:
Matthew Dawson, Ph.D.
CEO, Elementium
Email: info@elementium.io
About NEO Battery Materials Ltd.
NEO Battery Materials 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-fast 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. For more information, please visit the Company’s website at: https://www.neobatterymaterials.com/.
On Behalf of the Board of Directors
Spencer Huh
Director, President, and CEO
For Investor Relations, PR & More Information:
info@neobatterymaterials.com
T: +1 (437) 451-7678
This news release includes certain forward-looking statements as well as management's objectives, strategies, beliefs and intentions. All information contained herein that is not clearly historical in nature may constitute forward-looking information. Generally, such forward-looking information can be identified notably by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: volatile stock prices; the general global markets and economic conditions; the possibility of write-downs and impairments; the risk associated with the research and development of advanced and battery-related technologies; the risk associated with the effectiveness and feasibility of technologies that have not yet been tested or proven on commercial scale; manufacturing process scale-up risks, including maintaining consistent material quality, production yields, and process reproducibility at a commercial scale; compatibility issues with existing battery chemistries and unforeseen the risks associated with entering into and maintaining collaborations, joint ventures, or partnerships with battery cell manufacturers, original equipment manufacturers, and various companies in the global battery supply chain; the risks associated with the construction, completion, and financing of commercial facilities including the Windsor and South Korean facilities; the risks associated with supply chain disruptions or cost fluctuations in raw materials, processing chemicals, and additive prices, impacting production costs and commercial viability; the risks associated with uninsurable risks arising during the course of research, development and production; competition faced by the Company in securing experienced personnel and financing; access to adequate infrastructure and resources to support battery materials research and development activities; the risks associated with changes in the technology regulatory regime governing the Company; the risks associated with the timely execution of the Company’s strategies and business plans; the risks associated with the lithium-ion battery industry’s demand and adoption of the Company’s silicon anode technology; market adoption and integration challenges, including the difficulty of incorporating silicon anodes within battery manufacturers and OEMs systems; the risks associated with the various environmental and political regulations the Company is subject to; risks related to regulatory and permitting delays; the reliance on key personnel; liquidity risks; the risk of litigation; risk management; and other risk factors as identified in the Company’s recent Financial Statements and MD&A and in recent securities filings for the Company which are available on www.sedarplus.ca. Forward-looking information is based on assumptions management believes to be reasonable at the time such statements are made, including but not limited to, continued R&D and commercialization activities, no material adverse change in precursor prices, development and commercialization plans to proceed in accordance with plans and such plans to achieve their stated expected outcomes, receipt of required regulatory approvals, and such other assumptions and factors as set out herein. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such forward-looking information. Such forward-looking information has been provided for the purpose of assisting investors in understanding the Company's business, operations, research and development, and commercialization plans and may not be appropriate for other purposes. Accordingly, readers should not place undue reliance on forward-looking information. Forward-looking information is made as of the date of this presentation, and the Company does not undertake to update such forward-looking information except in accordance with applicable securities laws.
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FAQ
What is the purpose of NEO Battery Materials' collaboration with Elementium Materials?
Which downstream markets will NBMFF target with this enhanced battery technology?
What specific problems does Elementium's electrolyte technology solve?
When did NBMFF sign the collaboration agreement with Elementium Materials?
