Nano One Materials Corp (TSX:NANO, OTC:NNOMF). and Euro Manganese Inc (ASX:EMN, TSX-V:EMN, OTCQX:EUMNF). announced positive news in their joint development agreement which aims to develop economically viable and environmentally sustainable applications of high-purity electrolytic manganese metal as one of several inputs for the production of cathode active materials used in lithium-ion batteries.
The companies said pilot plant samples from Euro Manganese’s Chvaletice manganese project have been successfully validated as feedstock for Nano One’s patented One-Pot and M2CAM cathode production technologies which eliminates the added cost, complexity, and environmental footprint of using metal sulphates in cathode production.
“We are demonstrating the production of cathode materials made directly from high purity metals,” said Nano One CEO Dan Blondal.
“This strategy eliminates capital and environmentally intensive chemical conversion steps, eliminates large volumes of wasteful by-product and aligns us with legislation in North America and Europe to fast-track battery supply chains from secure and readily available sources of critical minerals.”
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“Nano One has ambitious plans to be a participant in the battery driven transformation of mobility and renewable energy storage, and we are pleased to be blazing this trail with Euro Manganese," Blondal added.
Matthew James, Euro Manganese’s CEO, said: “We are delighted to be working with Nano One on developing ways to use our manganese metal in its ground-breaking process for making cathode active materials at a time when demand for high-purity manganese products is rising rapidly.”
“Euro Manganese stands to become the leading environmentally responsible producer of high purity battery grade manganese products and we look forward to commissioning our larger demonstration plant at our Chvaletice site in 4Q 2022.”
Nano One is a clean technology company with patented processes for the low-cost, low-environmental footprint production of high-performance cathode materials used in lithium-ion batteries, and Euro Manganese is a battery raw materials company developing a significant manganese deposit in the Czech Republic.
Contact the author at jeremy@proactiveinvestors.com