Nano One Enhances Pilot Productivity and Files a New Patent
August 02 2017 - 4:02AM
Dr. Stephen Campbell, Principal Scientist at Nano One Materials
(TSX-V:NNO) (Frankfurt:LBMB)
(OTC:NNOMF),
today announced that Nano One has filed a patent related to yield
improvements in its process for the manufacture of lithium metal
oxide cathode materials for use in advanced lithium ion batteries.
The process improvements in this patent application have been
demonstrated in the lab. Extrapolating the lab results, Nano One
anticipates a 100-fold increase in the material throughput of its
core technology at the reactor stage of the process. Specifically,
the throughput of the existing pilot reactor could be increased
from 10 kg/day, as initially conceived, to as high as 1400 kg/day.
This yield is in line with current commercial production rates of
cathode materials ranging from 1,000 to 10,000 kg/day. The
remaining process steps are readily scalable to support the design
of a full-scale plant. From industry reports, Nano One estimates
that the global addressable market for cathode materials is
approximately 500,000 kg/day.
“These innovations move our pilot sized
reactor into the range of full scale
production,” explained Dr. Campbell,
“and demonstrate a clear path to a 10,000 kg/day
plant. The resulting reduction in capital expenses
lowers the barrier to commercial adoption and makes Nano One’s
technology even more attractive to industrial interests. It builds
on innovations announced earlier and marks our fifth patent
application since this time last year.”
Nano One has been testing productivity concepts for some time in
the lab. The pilot was designed and built to accommodate these
concepts and demonstration of the elevated throughputs is expected
this year. The technology was developed under a collaboration
agreement between Nano One, NORAM Engineering and Constructors Ltd
and BC Research Inc. Under the agreement, Nano One is assigned
right, title and interest in arising intellectual property and
accordingly a patent application has been filed with the U.S.
Patent Office.
Nano One CEO Dan Blondal said that “The throughput of
our pilot reactor is significantly more compelling than originally
anticipated and we look forward to discussing the
reduced cost implications with a growing network of commercial
interests. We’d like to acknowledge the team at
Nano One for their dedication and know-how throughout the pilot
program and thank NORAM and BC Research for their engineering
expertise and innovations.”
Nano One would also like to thank Innovation, Science and
Economic Development Canada for their ongoing support of the pilot
plant project and these technology developments through both
Sustainable Development Technology Canada and the Automotive
Supplier’s Innovation Program.
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 patented technology for the low-cost production of high
performance battery materials used in electric vehicles, energy
storage and consumer electronics. The processing technology
addresses fundamental supply chain constraints by enabling wider
raw materials specifications for use in lithium ion batteries. The
process can be configured for a range of different 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 Nano One is building a pilot plant to demonstrate
high volume production. The pilot plant is being funded with the
assistance and support of the Government of Canada through
Sustainable Development Technology Canada (SDTC) and the Automotive
Supplier Innovation Program (ASIP). Nano One also receives
financial support from the National Research Council of Canada
Industrial Research Assistance Program (NRC-IRAP). 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 www.nanoone.ca
About NORAM and BC Research
NORAM Engineering and Constructors Ltd. and their subsidiary, BC
Research Inc., supply proprietary engineering and equipment
packages to the chemical, pulp and paper, minerals processing and
electrochemical sectors. They are recognized worldwide as a leader
in the fields of nitration, sulfuric acid and electrochemistry. In
addition to carrying out large assignments for major multi-national
clients, NORAM and BC Research work with early-stage technology
companies. They provide engineering design and fabrication support,
sharing their experience in technology commercialization, and
growing with companies as a strategic partner.
Certain information contained herein may constitute
“forward-looking information” under Canadian securities
legislation. Forward-looking information includes, but is not
limited to, the execution of the Company’s plans which are
contingent on the receipt of grant monies and the commercialization
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