![]() ![]() Forward-looking statements are based on the current opinions and expectations of management. 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. President and news release includes certain forward-looking statements as well as management's objectives, strategies, beliefs, and intentions. For more information, please visit the Company's website at. The Company intends to become a silicon anode active materials supplier to the electric vehicle industry. NEO has a focus on producing silicon anode materials through its proprietary single-step nanocoating process, which provides improvements in capacity and efficiency over lithium-ion batteries using graphite in their anode materials. is a Vancouver-based company focused on electric vehicle lithium-ion battery materials. NEO Battery Materials targets partners that will provide value-enhancing solutions that can strengthen working relationships and introduce new collaborative business opportunities with global battery industry players. These long-term, reliable strategic investments will provide NEO with the resources needed to continue material optimization, commercialization efforts, and U.S. venture capital funds with a primary focus on the cleantech and battery sector. The Company is also in the final stages of securing prominent U.S. Both parties aim to carry forward collaborative ventures and projects for active NBMSiDE™ integration in EV batteries. Additionally, optimistic developments have allowed the Company to discuss domestic and international expansion plans with working partners. With 3 U.S.-based battery cell manufacturers including a solid-state battery developer, the Company is scheduled to send further-optimized NBMSiDE™, NEO's proprietary silicon anode materials, samples for material evaluation and validation in lithium-ion battery cells. Based on essential procurement factors, such as technical expertise, project execution, and cost-effectiveness, NEO will select the most qualified contractor to advance commercialization to the next step. In the next two weeks, the Company will accordingly receive construction quotes. venture capital funds.įollowing the construction permit approval of the South Korean Commercial Plant, NEO Battery Materials has advanced discussion with 3 contractors for a request for quotation (RFQ) process. (" NEO" or the " C o mpan y"), a low-cost silicon anode materials developer that enables longer-running, rapid-charging lithium-ion batteries, is pleased to provide updates on the construction process for the South Korean Commercial Plant, material evaluation of further-enhanced silicon anodes, and strategic investments with U.S. ![]()
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