NEO Battery Materials Manufactures Pouch-Type Full Cell for Product Evaluation

NEO Battery Materials Manufactures Pouch-Type Full Cell for Product Evaluation and Convenes NBMSiDE(TM) Commercial Plant Kick-Off Meeting - RICH TV LIVE - April 6, 2022 - #neobatterymaterials #news #richtvlive #stocks #trading #ev #lithiumionbatteries
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NEO Battery Materials Ltd. (TSXV: NBM) (OTCQB: NBMFF) ("NEO" or the "Company") is pleased to announce that NBMSiDE™ pouch-type full cells have been manufactured to evaluate product performance, viability, and durability in genuine battery charging conditions. The Kick-Off Meeting for NBM Silicon Anode Plant Project has additionally been convened with the engineering design company to streamline terms and efforts for fast-track construction completion.

NEO Battery Materials Ltd. commissioned a third-party evaluation agency for a product performance and viability assessment of NBMSiDE™ through manufacturing and cycle-testing 500 mAh pouch-type full cells. To simulate an authentic battery charging/discharging environment, the pouch full cells utilize NMC cathode materials and a composite mixture anode material with 5% to 10% silicon loading of NBMSiDE™ and graphite.

Following the third party's charging protocols, the tested cells are subjected to a cycle test using a 1C rate (1-hour) charging protocol with dynamic stress tests (DST) and a 100% depth of discharge (DoD), and pouch full cells characterized as high-rate capable cells will be tested with a variety of ultra-fast charging C-rates such as 3C rate (20 minutes) or 5C rate (12 minutes). In addition, pouch cell electrochemical characteristic evaluations will be conducted in a variety of environments and conditions to confirm the robustness and durability of NBMSiDE™, and the third party will provide frequent feedback on progress results.

Through unbiased testing and assessments, NEO Battery Materials is making continuous efforts to ensure objective evaluation and to reserve the functional reliability of NBMSiDE™ silicon material development.

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