Technical Update: NEO Battery Advances Silicon Anode Technology with Extended Battery Capacity Performance
NEO Battery Materials (TSXV: NBM) (OTC: NBMFF) has announced significant advancements in its silicon anode technology for lithium-ion batteries. The company has achieved longer battery capacity retention while maintaining low costs through a two-way coating enhancement. This improvement has resulted in record-high Coulombic efficiency levels that meet or exceed industry standards.
Key developments include:
- Compatibility with carbon-based materials, enabling silicon-carbon composite (Si-C) anode development
- Planned release of a new Si-C anode product
- Initiation of recycled silicon evaluations with partners
- Certification as a recognized Corporate Research Institute by South Korea's Ministry of Science & ICT
These advancements position NEO Battery Materials to potentially become a leading producer of silicon anode materials for the electric vehicle and energy storage industries.
NEO Battery Materials (TSXV: NBM) (OTC: NBMFF) ha annunciato progressi significativi nella sua tecnologia degli anodi in silicio per le batterie agli ioni di litio. L'azienda ha raggiunto una maggiore capacità di retention della batteria mantenendo costi contenuti grazie a un miglioramento del rivestimento bidirezionale. Questo miglioramento ha portato a livelli di efficienza Coulombica record che soddisfano o superano gli standard del settore.
Sviluppi chiave includono:
- Compatibilità con materiali a base di carbonio, consentendo lo sviluppo di anodi compositi silicio-carbonio (Si-C)
- Uscita prevista di un nuovo prodotto anodo Si-C
- Inizio di valutazioni di silicio riciclato con partner
- Certificazione come Istituto di Ricerca Aziendale riconosciuto dal Ministero della Scienza e dell'ICT della Corea del Sud
Questi progressi posizionano NEO Battery Materials per diventare potenzialmente un produttore leader di materiali per anodi in silicio per l'industria dei veicoli elettrici e dell'energia stoccata.
NEO Battery Materials (TSXV: NBM) (OTC: NBMFF) ha anunciado avances significativos en su tecnología de ánodos de silicio para baterías de iones de litio. La compañía ha logrado una mayor retención de capacidad de la batería manteniendo bajos costos mediante una mejora en el recubrimiento bidireccional. Esta mejora ha resultado en niveles de eficiencia coulómbica récord que cumplen o superan los estándares de la industria.
Los desarrollos clave incluyen:
- Compatibilidad con materiales basados en carbono, lo que permite el desarrollo de ánodos compuestos de silicio-carbono (Si-C)
- Lanzamiento planeado de un nuevo producto de ánodo Si-C
- Inicio de evaluaciones de silicio reciclado con socios
- Certificación como Instituto de Investigación Corporativa reconocido por el Ministerio de Ciencia e ICT de Corea del Sur
Estos avances posicionan a NEO Battery Materials para convertirse potencialmente en un productor líder de materiales de ánodos de silicio para las industrias de vehículos eléctricos y almacenamiento de energía.
NEO 배터리 재료(주식 코드: NBM)(OTC: NBMFF)는 리튬 이온 배터리를 위한 실리콘 양극 기술에서 중요한 발전을 발표했습니다. 이 회사는 배터리 용량 유지 기간을 연장하면서, 양방향 코팅 개선을 통해 낮은 비용을 유지하는 데 성공했습니다. 이러한 개선으로 인해 기록적인 콜롬빅 효율성 수준이 쌓여 업계 기준을 충족하거나 초과했습니다.
주요 발전 사항에는 다음이 포함됩니다:
- 탄소 기반 재료와의 호환성, 실리콘-탄소 복합체(Si-C) 양극 개발 가능
- 새로운 Si-C 양극 제품의 출시 예정
- 파트너와 함께 재활용 실리콘 평가 시작
- 한국 과학기술부에 의해 인정받은 기업 연구 기관 인증
이러한 발전은 NEO 배터리 재료가 전기차 및 에너지 저장 산업을 위한 실리콘 양극 재료의 선도적인 생산자가 될 가능성을 높입니다.
NEO Battery Materials (TSXV: NBM) (OTC: NBMFF) a annoncé des avancées significatives dans sa technologie d'anodes en silicium pour les batteries au lithium-ion. L'entreprise a atteint une meilleure rétention de capacité des batteries tout en maintenant des coûts bas grâce à une amélioration du revêtement à deux voies. Cette amélioration a conduit à des niveaux d'efficacité coulombique record qui répondent ou dépassent les normes de l'industrie.
Les développements clés comprennent :
- Compatibilité avec des matériaux à base de carbone, permettant le développement d'anodes composites en silicium-carbone (Si-C)
- Lancement prévu d'un nouveau produit d'anode Si-C
- Démarrage des évaluations de silicium recyclé avec des partenaires
- Certification en tant qu'Institut de Recherche d'Entreprise reconnu par le Ministère sud-coréen des Sciences et des TIC
Ces avancées positionnent NEO Battery Materials pour devenir potentiellement un producteur leader de matériaux pour anodes en silicium pour les industries des véhicules électriques et du stockage d'énergie.
NEO Battery Materials (TSXV: NBM) (OTC: NBMFF) hat bedeutende Fortschritte in seiner Silizium-Anodentechnologie für Lithium-Ionen-Batterien angekündigt. Das Unternehmen hat eine längere Kapazitätsrelevanz der Batterien erreicht und gleichzeitig die Kosten durch eine zweiwegige Beschichtungserweiterung niedrig gehalten. Diese Verbesserung hat zu rekordhohen Coulomb-Effizienzlevels geführt, die den Branchenstandards entsprechen oder diese übertreffen.
Wesentliche Entwicklungen umfassen:
- Kompatibilität mit kohlenstoffbasierten Materialien, die die Entwicklung von Silizium-Kohlenstoff-Verbundanoden (Si-C) ermöglichen
- Geplante Einführung eines neuen Si-C-Anodenprodukts
- Beginn von Bewertungen zu recyceltem Silizium mit Partnern
- Zertifizierung als anerkanntes Forschungsinstitut durch das Ministerium für Wissenschaft und ICT Südkoreas
Diese Fortschritte positionieren NEO Battery Materials in der Möglichkeit, ein führender Hersteller von Silizium-Anodenmaterialien für die Elektrofahrzeug- und Energiespeicherindustrie zu werden.
- Achieved longer battery capacity retention while maintaining low costs
- Record-high Coulombic efficiency levels meeting or exceeding industry standards
- New coating methods are simple, feasible, and use widely-used additives to keep manufacturing costs low
- Improved critical battery cell performance metrics including longer capacity retention and faster-charging rates
- Compatibility with carbon-based materials, enabling silicon-carbon composite (Si-C) anode development
- Planned release of a new Si-C anode product due to high industry demand
- Certification as a recognized Corporate Research Institute by South Korea's Ministry of Science & ICT, enabling access to government support and funding
- None.
TORONTO, Aug. 13, 2024 (GLOBE NEWSWIRE) -- (TSXV: NBM) (OTC: NBMFF)
- Silicon Anode Technology Advancement with Extended Capacity Performance & Sustained Low-Cost Advantage
- Record-High Battery Performance Metric that Meets or Exceeds Industry Standards and Similar Commercial Products
- Two-Way Coating Enhancement: Simple, Feasible, and Low-Cost
- Planned Release of New Silicon-Carbon (Si-C) Anode Product Due to High Working Party & Industry Demand
- Recycled Silicon Evaluation In-Progress with Lotus Energy & INNOX eco-M Products
- South Korea Ministry of Science & ICT Certification as Recognized Corporate Research Institute
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 announce technological advancements in the Company’s silicon anode technology – longer battery capacity retention while sustaining low costs.
NEO’s engineering team successfully modified the properties of existing additives to achieve the two-way coating enhancements. The new coating methods are simple yet feasible and employ widely-used additives to maintain low manufacturing costs. Implementation improves critical battery cell performance metrics – i) longer capacity retention, ii) higher, steady Coulombic efficiency1 (a measure of capacity retention), and iii) faster-charging rates.
Coulombic efficiency1 is the foremost metric that determines capacity retention in battery cycling tests. NEO’s silicon anode, NBMSiDE®, demonstrated record-high Coulombic efficiency levels that meet or exceed industry standards and similar commercial products. This result demonstrates the product’s potency in full cell2 designs based on pure
Mr. Spencer Huh, Director, President and CEO of NEO, commented, “We are highly proud of NEO’s engineering team and enthusiastic about the results achieved with our NBMSiDE® products. Incremental improvements are leading to performance milestones. This year, we plan to reach new technology highs with silicon-graphite anodes and in full cells. Additionally, our team has initiated recycled silicon evaluations with Lotus Energy and INNOX eco-M products.”
The two-way coating enhancement also enables NBMSiDE® to be compatible with carbon-based (carbonaceous) materials. This implies that silicon-carbon composite (Si-C) and silicon-graphite anode development are now feasible for full cell designs. Due to mounting working partner and industry demand, NEO Battery Materials will release a new Si-C anode product into the NBMSiDE® portfolio, with sample tests to be conducted soon.
Two-Way Coating Enhancement: Technical Details
The first coating enhancement extensively utilizes the advantages of polymer characteristics to maximize the polymer coating processibility. This further stabilizes the silicon surface during volume expansion in battery cycling tests. Intensely prohibiting adverse side reactions (i.e., irreversible lithium consumption) on the silicon surface also suppresses anode delamination from the current collector. As a result, battery cell performance is directly improved with enhanced Coulombic efficiency and rate capability levels with reasonable overall specific capacity.
The second coating enhancement deploys additional protective layers on the silicon surface. Like the first enhancement, the additional layers suppress adverse side reactions in which lithium-ions are consumed on the silicon surface. The layers also add mechanical strength to hamper rapid anode delamination. This coating method has exhibited increased Coulombic efficiencies with prolonged capacity retention.
R&D Scale-Up Centre: Government-Certified Corporate Research Institute
In July, the South Korean Ministry of Science, Information, and Communication Technology (MSIT), through the Korean Industrial Technology Association (KOITA), has certified NEO’s R&D Scale-Up Centre as a recognized “Corporate Research Institute”.
Along with the Venture Enterprise Certification, this governmental certification enables NBM Korea to receive various governmental support, including benefits in national R&D projects, intellectual property rights programs, and government grants and funding. This certification will help nurture a highly effective environment for R&D and commercialization.
1Coulombic Efficiency: Ratio of electrons transferred out from an electrode material/battery during discharging to the number transferred into the material during charging over a full charging cycle (Discharging Capacity-to-Charging Capacity). Ex. If the current discharging capacity is 2,000 mAh/g and the preceding charging capacity was 2,500 mAh/g, the Coulombic efficiency is
2Full Cell: Lithium-ion battery comprises all four core materials (cathode, anode, separator, and electrolyte). Generally, battery anode materials proof-of-concept and optimization are initiated with half cells in which only the anode, separator, and electrolyte are used with a lithium-metal counter electrode that may supply an infinite number of lithium-ions. Full cells have a limited number of lithium-ions given that commercial-level cathode materials retain trivial amounts of lithium-ions compared to lithium-metal. Consequently, capacity retention is heavily affected by Coulombic efficiency at every charging cycle.
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
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, but not limited to, 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", "be achieved", and similar words referring to future events and results. 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: (i) volatile stock prices; (ii) the general global markets and economic conditions; (iii) the possibility of write-downs and impairments; (iv) the risk associated with the research and development of advanced technologies; (v) the risk associated with the effectiveness and feasibility of technologies that have not yet been tested or proven on commercial scale; (vi) the risks associated with entering into joint ventures, collaboration agreements, joint development agreements, and similar commercial agreements; (vii) fluctuations in input precursor prices; (viii) the risks associated with uninsurable risks arising during the course of research, development and production; (ix) competition faced by the resulting issuer in securing experienced personnel and financing; (x) access to adequate infrastructure to support battery materials research and development activities; (xi) the risks associated with changes in the technology regulatory regime governing the Company; (xii) the risks associated with the various environmental regulations the Company is subject to; (xiii) risks related to regulatory and permitting delays; (xiv) the reliance on key personnel; (xv) liquidity risks; (xvi) the risk of litigation; and (xvii) risk management, as described in more detail in our recent securities filings available at www.sedarplus.com. 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 research and development activities, no material adverse change in precursor prices and development 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. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
FAQ
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