Nano One Completes Engineering Study and Launches Pilot
June 07 2016 - 3:17AM
Dan Blondal, CEO of Nano One Materials
Corp. (TSX-V:NNO) (FSE:LBMB), today provided an
update on the progress of its lithium battery materials pilot
plant.
“We are pleased to report that the design phase of our pilot
plant was completed on schedule and budget at the end of May.” said
Mr. Blondal. “We initiated the procurement and construction phase
on June 1 and are on track to have the pilot built early in 2017.
The goal of the pilot is to simulate full scale production of
lithium ion cathode materials and demonstrate the cost,
scalability, performance and novelty of Nano One’s technology to
strategic industry players.”
The pilot plant will be used to showcase Nano One’s patented
technology and demonstrate cost, scalability and performance to
third party strategic interests. It is designed with flexibility to
demonstrate a variety of processing concepts and chemistries,
enabling Nano One to adapt to market needs and produce a range of
products, including Nano One’s recently announced high voltage,
cobalt free battery material. The pilot will be capable of
producing ten (10) kilogram batches of various lithium mixed metal
cathode materials that are strategically important to electric
vehicle, grid storage and consumer electronic batteries.
“We have confidence in our piloting concepts,” adds Mr. Blondal,
“and they have materialized into a platform that should readily
scale. With these activities on target and underway, we are well
positioned to execute our business plan and advance our strategic
objectives.”
NANO ONE MATERIALS CORP.
Dan Blondal, CEO
For information with respect to Nano One or the contents of this
news release, please contact John Lando (President) at (604)
669-2701 or visit the website at www.nanoone.ca.
About Nano One
Nano One Materials Corp (“Nano One” or “the Company”) is
developing novel and scalable processing technology for the
low-cost production of high performance battery materials used in
electric vehicles, energy storage and consumer electronics. The
patented technology can be configured for a wide range of
nanostructured materials and has the flexibility to shift with
emerging and future battery market trends and a diverse range of
other growth opportunities. The novel three-stage process uses
equipment common to industry and is being engineered for high
volume production and rapid commercialization. Nano One’s mission
is to establish its patented technology as a leading platform for
the global production of a new generation of nanostructured
composite materials. For more information, please visit
nanoone.ca
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