Clean technology innovator in battery materials Nano One Materials Corp & Rio Tinto have agreed to enter into a strategic partnership providing iron and lithium products, collaboration and a USD 10 million investment into Nano One. This partnership and funding will accelerate Nano One’s multi-cathode commercialization strategy and support cathode active materials manufacturing in Canada for a cleaner and more efficient battery supply chain for North American and overseas markets.This investment will be directed towards technology and supply chain development, commercialization, Nano One’s acquisition of the Candiac facility in Québec, its conversion to One-Pot lithium iron phosphate and industrial scale piloting of other Nano One CAM technologies and for working capital purposes.Nano One’s patented One Pot Process and metal to cathode active material M2CAM technologies form a unique manufacturing platform that enables nickel-rich NMC, iron-rich LFP and manganese-rich LNMO lithium-ion cathode active materials to be made sulfate-free from a range of battery metal sources with fewer steps, lower costs, less complexity and a much smaller environmental footprint. The technology applies to all lithium-ion battery chemistries for applications in electric vehicles, renewable energy storage and portable electronics.
Clean technology innovator in battery materials Nano One Materials Corp & Rio Tinto have agreed to enter into a strategic partnership providing iron and lithium products, collaboration and a USD 10 million investment into Nano One. This partnership and funding will accelerate Nano One’s multi-cathode commercialization strategy and support cathode active materials manufacturing in Canada for a cleaner and more efficient battery supply chain for North American and overseas markets.This investment will be directed towards technology and supply chain development, commercialization, Nano One’s acquisition of the Candiac facility in Québec, its conversion to One-Pot lithium iron phosphate and industrial scale piloting of other Nano One CAM technologies and for working capital purposes.Nano One’s patented One Pot Process and metal to cathode active material M2CAM technologies form a unique manufacturing platform that enables nickel-rich NMC, iron-rich LFP and manganese-rich LNMO lithium-ion cathode active materials to be made sulfate-free from a range of battery metal sources with fewer steps, lower costs, less complexity and a much smaller environmental footprint. The technology applies to all lithium-ion battery chemistries for applications in electric vehicles, renewable energy storage and portable electronics.
