NBMFF - NEO Battery Materials Receives First Purchase Order for Silicon Anode Materials | Benzinga
TORONTO, Sept. 05, 2023 (GLOBE NEWSWIRE) -- (TSXV: NBM) (OTCQB:NBMFF)
- Received First Purchase Order for 0.4 Metric Tonnes of Proprietary Silicon Anodes, NBMSiDE®, by an Asian Chemical Material Company under NDA
- Order Received through South Korean Subsidiary, NBM Korea Co.
- Plans to Supply Over One (1) Year with Optimized Samples
- Large Volume Test for Purpose of Integrating NBMSiDE® into Customer's Battery Materials to Develop Composite Anode Materials
- Customer will Present Developed Products to Global Battery & EV Manufacturers for Use in Commercial Lithium-Ion Batteries
- Customer will Present Developed Products to Global Battery & EV Manufacturers for Use in Commercial Lithium-Ion Batteries
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 receive the first purchase order ("P.O.") for 0.4 metric tonnes (400 kilograms) of NEO's proprietary silicon anode materials, NBMSiDE®, by an Asian chemical material company (the "Customer") under NDA.
Through NEO's South Korean subsidiary, NBM Korea Co., an initial volume P.O. was placed for the Customer's purpose of combining NBMSiDE® products with the Customer's battery materials to develop composite anodes ...