LFP Innovation for Lithium Ion Batteries Provides Nano One with Cost and Performance Advantages
July 18 2018 - 4:03AM
Dan Blondal, CEO of Nano One Materials (TSX-V:NNO) (OTC:NNOMF)
(Frankfurt:LBMB), is pleased to provide an update on Nano One’s
innovative process for the production of Lithium Iron Phosphate
(LFP) initially announced in a press release on July 24, 2017.
“Recent process innovations in the laboratory
have improved the discharge capacity of Nano One’s LFP to over 160
mAh/g,” said Mr. Blondal, “making it 10 mAh/g better than typical
LFP. We have also made process innovations at the pilot scale
and we believe this will provide an economic advantage in terms of
scaled up production.”
A preliminary engineering model, based on annual
production of 1000 metric tonnes, indicates that Nano One’s LFP
process is competitive in both cost and performance metrics. These
advances have been included as part of Nano One’s recently filed
LFP patent application. Nano One will continue optimizing its LFP
process for further cost reduction, improved process throughput and
enhanced battery performance.
LFP is the cobalt-free, high durability, low
cost, and safest cathode material of choice for lithium ion
batteries used in e-buses, e-bikes, power tools and grid energy
storage systems. Currently, LFP is produced commercially through
either hydrothermal or solid-state methods. The hydrothermal method
produces high quality LFP but is costly due to high pressure high
temperature aqueous reactions and a waste lithium salt stream that
must be recovered. The solid-state method, by comparison, is lower
cost with lower quality LFP, produced by grinding, milling and
firing in controlled atmospheres. Both of these methods require
powders of LFP to be carbon coated in a series of post-production
steps.
Dr. Majid Talebi, a senior scientist at Nano
One, has developed a simple process that produces high performance
carbon coated LFP from an aqueous solution operating at atmospheric
temperature and pressure.
Dr. Talebi said, “The process uses low cost raw
materials, involves fewer steps and does not produce a waste
stream. We also add carbon directly in our process which coats the
LFP particles automatically in the firing stage, promoting ideal
particle formation while eliminating post-production coating
costs.”
Mr. Blondal added, “We are confident that
our progress with LFP makes a compelling business case and we will
be pursuing opportunities with LFP stakeholders, adding to the
opportunities being pursued with Nano One’s other cathode materials
and processes.”
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) 420-2041 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 has built a pilot plant
to demonstrate high volume production and to optimize its
technology across a range of materials. 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) a program of
Innovation, Science and Economic Development Canada ISED). 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
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