Nano One Materials Corp (TSX:NANO, OTC:NNOMF) COO Alex Holmes joined Steve Darling from Proactive to share news the company has provided an update on its progress towards commercialization plans for lithium iron phosphate cathode active materials.
Holmes telling Proactive the company is reporting the retrofit of its newly-acquired Candiac facility in Québec is going well and it will be commissioned initially at 200 tons per annum in the third quarter of 2023, ramping up to as much as 2,000 tons per year. The 200tpa by 3Q qualified material will be sent to partners for validation that will hopefully lead to offtakes. The company also says engineering plans underway for optimal design for Commercial Demo on land next door.