- Files 9th Patent Regarding Major Silicon Anode Manufacturing Innovation
- Additives Employed to Prevent Agglomeration Effect of Silicon Particles During Manufacturing
- Enhances Production Yield to Reduce Manufacturing Costs
- Greater Uniformity in Particle Size Distribution for Quality Control
- Targets to Expand Portfolio to 20+ Patents Issued or Pending in 2024
- 6 NDAs Secured with Global Chemical Material, Automotive OEM, and Battery Cell Manufacturers
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About
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
Director, President and CEO
shuh@neobatterymaterials.com
For Investor Relations, PR & More Information:
SVP, Strategy & Operations
dhuh@neobatterymaterials.com
This news release includes certain forward-looking statements as well as management's objectives, strategies, beliefs and intentions. Forward-looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices, the effectiveness and feasibility of technologies which have not yet been tested or proven on a commercial scale, competitive risks and the availability of financing, as described in more detail in our recent securities filings available at www.sedarplus.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.
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2024 GlobeNewswire, Inc., source