Nano One, Umicore join forces on battery materials process technology
(Kitco News) - Nano One® Materials (TSX: NANO), a clean technology company, and Umicore, a circular materials technology company, announce the signing of a non-exclusive joint development agreement (JDA) on production process technologies for cathode active materials (CAM) for lithium-ion batteries.
Under the agreement, Umicore will evaluate Nano One's patented M2CAM® One-Pot process technology with the intention to integrate it with Umicore's proprietary process technology for the production of high nickel NMC (nickel, manganese, cobalt) CAM.
"With the agreement both parties aim to leverage their respective technologies and know-how to further increase the throughput rate while reducing the costs and environmental footprint of CAM production," Nano One said in a statement.
Dr. Stephen Campbell, CTO of Nano One, commented, "With Umicore, we share a common goal to improve the environmental footprint, cost, and performance of lithium-ion batteries, through materials and process innovation. We are aligned with emerging global imperatives to create secure, resilient, and long-lasting supply chains. We look forward to developing an enduring collaborative partnership with Umicore, building on our common strengths and combined know-how."
Nano One Materials is a clean technology company with a patented, scalable and low carbon intensity industrial process for the low-cost production of high-performance lithium-ion battery cathode materials. It has strategic collaborations and partnerships that include Rio Tinto, BASF, Umicore, CBMM and various automotive OEMs.
The company aims to pilot and demonstrate its technology as turn-key CAM production solutions for license, joint venture and independent production opportunities.
Umicore is the circular materials technology Group. It focuses on application areas where its expertise in materials science, chemistry and metallurgy makes a real difference. Its activities are organized in three business groups: Catalysis, Energy & Surface Technologies and Recycling. The Group generated revenues (excluding metal) of € 2.1 billion (turnover of €13.8 billion) in the first half of 2022 and currently employs 11,350 people.
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