NEO Battery Materials to Develop High-Specification Silicon Anodes with OCSiAl Single Wall Carbon Nanotubes
NEO Battery Materials (NBMFF) has signed an MOU with OCSiAl, the world's largest producer of single wall carbon nanotubes (SWCNTs). The partnership aims to develop high-specification silicon anodes using OCSiAl's TUBALL™ SWCNT products as conductive additives and coating materials. The collaboration targets improvements in three key areas: battery cycling stability, initial specific capacity, and coulombic efficiency. TUBALL™ has demonstrated the ability to increase battery cycle life by up to 4 times when added to silicon anodes, even at ultra-low concentrations. The primary applications include electric vehicles and electronics, where enhanced longevity and energy efficiency are in high demand.
NEO Battery Materials (NBMFF) ha firmato un MOU con OCSiAl, il più grande produttore mondiale di nanotubi di carbonio a parete singola (SWCNT). La partnership ha l'obiettivo di sviluppare anodi in silicio ad alte specifiche utilizzando i prodotti TUBALL™ SWCNT di OCSiAl come additivi conduttivi e materiali di rivestimento. La collaborazione si concentra su miglioramenti in tre aree chiave: stabilità del ciclo della batteria, capacità specifica iniziale ed efficienza coulombica. TUBALL™ ha dimostrato di poter aumentare la vita del ciclo della batteria fino a 4 volte quando aggiunto agli anodi in silicio, anche a concentrazioni ultra-basse. Le principali applicazioni includono veicoli elettrici ed elettronica, dove longevità migliorata ed efficienza energetica sono in alta richiesta.
NEO Battery Materials (NBMFF) ha firmado un MOU con OCSiAl, el mayor productor mundial de nanotubos de carbono de pared simple (SWCNT). La asociación tiene como objetivo desarrollar ánodos de silicio de alta especificación utilizando los productos TUBALL™ SWCNT de OCSiAl como aditivos conductores y materiales de recubrimiento. La colaboración se centra en mejorar en tres áreas clave: estabilidad en el ciclo de la batería, capacidad específica inicial y eficiencia coulombica. TUBALL™ ha demostrado la capacidad de aumentar la vida útil del ciclo de la batería hasta 4 veces cuando se agrega a los ánodos de silicio, incluso en concentraciones ultra bajas. Las principales aplicaciones incluyen vehículos eléctricos y electrónica, donde la longevidad mejorada y la eficiencia energética son muy demandadas.
NEO Battery Materials (NBMFF)는 세계 최대의 단벽 탄소 나노튜브(SWCNT) 생산업체인 OCSiAl와 MOU를 체결했습니다. 이 파트너십은 OCSiAl의 TUBALL™ SWCNT 제품을 전도성 첨가제 및 코팅 재료로 사용하여 고사양 실리콘 음극을 개발하는 것을 목표로 합니다. 협력은 배터리 사이클 안정성, 초기 특정 용량 및 쿨롬 효율성의 세 가지 주요 영역에서 개선을 목표로 합니다. TUBALL™은 실리콘 음극에 첨가할 경우 배터리 주기 수명을 최대 4배까지 늘릴 수 있는 능력을 입증했습니다. 주요 응용 분야에는 전기차 및 전자기기가 포함되며, 여기서 향상된 내구성과 에너지 효율성이 높은 수요를 보이고 있습니다.
NEO Battery Materials (NBMFF) a signé un MOU avec OCSiAl, le plus grand producteur mondial de nanotubes de carbone à paroi simple (SWCNT). Le partenariat vise à développer des anodes en silicium de haute spécification en utilisant les produits TUBALL™ SWCNT d’OCSiAl en tant qu’additifs conducteurs et matériaux de revêtement. La collaboration vise à améliorer trois domaines clés : la stabilité du cycle de la batterie, la capacité spécifique initiale et l’efficacité coulombique. TUBALL™ a démontré sa capacité à augmenter la durée de vie des cycles de la batterie jusqu'à 4 fois lorsqu'il est ajouté aux anodes en silicium, même à des concentrations ultra-basses. Les principales applications incluent les véhicules électriques et l'électronique, où une longévité améliorée et une efficacité énergétique sont très recherchées.
NEO Battery Materials (NBMFF) hat ein MOU mit OCSiAl, dem weltweit größten Hersteller von einwandigen Kohlenstoff-Nanotubes (SWCNT), unterzeichnet. Die Partnerschaft zielt darauf ab, hochspezifizierte Silizium-Anoden zu entwickeln, indem die TUBALL™ SWCNT-Produkte von OCSiAl als leitfähige Additive und Beschichtungsmaterialien verwendet werden. Die Zusammenarbeit konzentriert sich auf Verbesserungen in drei Schlüsselbereichen: Stabilität der Batteriefunktion, anfängliche spezifische Kapazität und coulombische Effizienz. TUBALL™ hat gezeigt, dass es die Lebensdauer der Batteriezyklus um bis zu das 4-fache erhöhen kann, wenn es Siliziumanoden hinzugefügt wird, selbst in ultra-niedrigen Konzentrationen. Die Hauptanwendungen umfassen Elektrofahrzeuge und Elektronik, wo verbesserte Langlebigkeit und Energieeffizienz stark nachgefragt werden.
- Partnership with world's largest SWCNT producer for enhanced silicon anode development
- TUBALL™ technology can increase battery cycle life up to 4x when added to silicon anodes
- Technology targets improvements in cycling stability, capacity, and efficiency
- None.
TORONTO, Nov. 28, 2024 (GLOBE NEWSWIRE) -- NEO Battery Materials Ltd. (TSXV: NBM) (OTC: NBMFF), a low-cost silicon anode materials developer that enables longer-running, rapid-charging lithium-ion batteries, is pleased to announce the signing of a Memorandum of Understanding (“MOU”) with OCSiAl LLC (“OCSiAl”), the world’s largest industrial producer of single wall carbon nanotubes (SWCNTs), on October 23, 2024. OCSiAl will supply NEO with SWCNT products to manufacture a high-specification model of NEO’s polymer-coated silicon anodes. There are no material terms or considerations regarding this MOU.
Via the usage of single wall carbon nanotubes, NEO targets advancements in three key metrics: battery cycling stability, initial specific capacity, and coulombic efficiency. The primary application areas include electric vehicles and electronics, where enhanced longevity and energy efficiency face escalating demand.
OCSiAl’s single wall carbon nanotubes, branded TUBALL™, are recognized as one of the most advanced carbonaceous materials. Even at ultra low concentrations, TUBALL™ exhibits effective performance with high conductivity, flexibility, and mechanical robustness, demonstrating the ability to increase battery cycle life by up to 4 times when added to silicon anodes. Under the MOU, OCSiAl’s TUBALL™ will serve as both a conductive additive and coating materials for reinforcing the structural and electrochemical properties of NEO’s silicon anodes.
Andrej Seniut, Head of OCSiAl Energy Projects, said, “The battery industry is increasingly recognizing single-wall carbon nanotubes as an indispensable component in various battery technologies, particularly in silicon anodes, where we are seeing a growing number of clients worldwide. NEO’s approach to silicon anode manufacturing promises to reduce the cost of silicon anode materials, which is important for achieving increased adoption of this technology in Li-ion EV batteries. OCSiAl, being also a former start-up, supports innovative companies and wishes NEO success in their research.”
Mr. Spencer Huh, Director, President, & CEO of NEO, commented, “Our partnership with OCSiAl underscores NEO’s mission to pioneer silicon innovations that enhance the capabilities of lithium-ion batteries. OCSiAl’s expertise in SWCNT technology directly complements our silicon anode research and our continued efforts to utilize CNTs as an enhancing material. We are confident that this collaboration will bring us closer to realizing anodes that deliver higher capacity and stability for our downstream partners.”
About OCSiAl LLC
OCSiAl is the world’s sole industrial producer of single wall carbon nanotubes, named TUBALL™. Headquartered in Luxembourg, OCSiAl employs around 400 employees worldwide with representation in 20 countries. Recently, OCSiAl opened its first European production facility in Serbia, which is capable of initially producing 60 tonnes of SWCNTs per year, sufficient to enhance up to 65 GWh of lithium-ion batteries or 1 million EVs.
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
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FAQ
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