Nano One Materials in first phase of lithium-ion battery pilot plant
Nano One Materials Corp (TSXV: NNO) (FSE: LBMB) or “Nano One” announced that it has completed the design of its pilot plant for the scale up of its patented process for the manufacturing of the lithium-ion battery material. The goal of the pilot is to simulate full-scale production of lithium-ion cathode materials and demonstrate the cost, scalability, performance and novelty of Nano One’s technology to strategic industry players.
Nano One’s proprietary technology permits to generate batteries with greater capacity at about ⅕ to ½ of the processing times for the present industrial processes using feedstocks that are more readily available as compared to current processes. For example Nano One’s US Patent 9136534 titled “Complexometric precursors formulation methodology for industrial production of high performance fine and ultrafine powders and nanopowders for specialized applications” reports that the capacity of currently available sample batteries dropped from 120 mAh/g to 20 mAh/g after 200 cycles whereas Nano One’s material had a capacity of 100 mAh/g after 300 cycles and 80 mAh/g at 400 cycles.
Nano One’s method produces fine, ultrafine and nanosize powders in a simple efficient way by integrating chemical principles of crystallization, solubility, transition complex formation, phase chemistry, acidity and basicity, aqueous chemistry, thermodynamics and surface chemistry.
In laboratory tests the technology reduces costs, environmental footprint and the supply chain risks while providing high voltage advantages for next generation lithium ion batteries.
The pilot plant aims to demonstrate cost, scalability and performance to third party strategic interests. According to Nano One’s public documents it is designed with flexibility to demonstrate a variety of processing concepts and chemistries, enabling Nano One to adapt to market needs and produce a range of products, including Nano One’s recently announced high voltage, cobalt free battery material. The pilot will be capable of producing ten (10) kilogram batches of various lithium mixed metal cathode materials that are strategically important to electric vehicle, grid storage and consumer electronic batteries.
The design phase of the pilot plant was completed on schedule and budget at the end of May whereas procurement and construction phase on June 1 and are on track to have the pilot built early in 2017.
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In addition, the output material, known as high voltage spinel, has cost advantages because it contains no cobalt and has 4.7-volt potential, which is 30%-45% higher voltage than commercial cells found in hand-held devices and electric vehicle batteries. High voltage materials like these are expected to play a significant role in future automotive and grid storage battery applications. Nano One anticipates that this material will be of interest to strategic industry players.
If successful, the technology can also be configured for a wide range of nanostructured materials and has the flexibility to shift with emerging and future battery market trends and a diverse range other growth opportunities in need of high performance battery materials used in electric vehicles, energy storage and consumer electronics.
Technology scale up is a different beast with different problems from the optimal laboratory conditions that yielded Nano One’s exciting results. But investors are watching progress closely.
According to The Fredonia Group, a Cleveland-based industry research firm, the world demand for primary and secondary batteries is forecasted to grow by 7.7 percent annually, amounting to US$120 billion in 2019. Lithium-ion batteries make up 37% of the total battery market.
Dr. Luc C. Duchesne is a Speaker and Author with a PhD in Biochemistry. With three decades of scientific and business experience, he has published ... <Read more about Dr. Luc Duchesne>