NNO Nano One Materials Corp

LFP Innovation for Lithium Ion Batteries Provides Nano One with Cost and Performance Advantages

LFP Innovation for Lithium Ion Batteries Provides Nano One with Cost and Performance Advantages

VANCOUVER, British Columbia, July 18, 2018 (GLOBE NEWSWIRE) -- 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 .

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

Certain information contained herein may constitute “forward-looking information” under Canadian securities legislation. Forward-looking information includes, but is not limited to, the execution of the Company’s plans which are contingent on the receipt of grant monies and the commercialization of the Company’s technology and patents. Generally, forward-looking information can be identified by the use of forward-looking terminology such as 'believe', 'expect', 'anticipate', 'plan', 'intend', 'continue', 'estimate', 'may', 'will', 'should', 'ongoing', or variations of such words and phrases or statements that certain actions, events or results “will” occur. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and they are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information, including:  the ability of the Company to obtain additional financing; including the receipt of grant monies from SDTC, ASIP, NRC-IRAP and the receipt of all necessary regulatory approvals. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company does not undertake to update any forward-looking statements or forward-looking information that is incorporated by reference herein, except as required by applicable securities laws.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE

EN
18/07/2018

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Nano One Materials Corp

 PRESS RELEASE

Nano One Materials Corp. Announces Pricing and Terms of Overnight Mark...

Nano One Materials Corp. Announces Pricing and Terms of Overnight Marketed Offering NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR THE DISSEMINATION, DISTRIBUTION, RELEASE OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES VANCOUVER, British Columbia, Dec. 04, 2025 (GLOBE NEWSWIRE) -- Nano One Materials Corp. (TSX: NANO) (“Nano One” or the “Company”) is pleased to announce that it has priced its previously announced “commercially reasonable efforts” overnight marketed underwritten offering (the “Offering”) of units (the “Units”) of the Company. Pursuant...

 PRESS RELEASE

Nano One Materials Corp. Announces Overnight Marketed Offering

Nano One Materials Corp. Announces Overnight Marketed Offering NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR THE DISSEMINATION, DISTRIBUTION, RELEASE OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES VANCOUVER, British Columbia, Dec. 03, 2025 (GLOBE NEWSWIRE) -- Nano One Materials Corp. (TSX: NANO) (“Nano One” or the “Company”) is pleased to announce that it has launched a “commercially reasonable efforts” overnight marketed underwritten offering (the “Offering”) of units of the Company (the “Units”). The Offering is expected to be completed pursuant ...

John Cheong Ming Chern
  • John Cheong Ming Chern

Nanofilm Technologies International (NANO SP) - 1H23: Results Within E...

Nanofilm reported 1H23 net loss of S$8m (vs S$19m earnings in 1H22), in line with our expectation. 1H23 revenue fell 34% yoy due to softer end-consumer demand, particularly in its 3C segment and the slower-than-expected recovery in China. 2H23 revenue is expected to be higher than 1H23, but will be lower than 2H22, due to the uncertain macro environment. We trimmed our 2023/24 EPS by 38%/8%. Our target price fell 10% to S$1.00. Upgrade to HOLD.

Adrian Loh Tzum Yung ... (+13)
  • Adrian Loh Tzum Yung
  • Ariel Poh Yun Li
  • Benjaphol Suthwanish
  • Jo Yee Ng
  • John Cheong Ming Chern
  • Johnny Yum Chung Man
  • Julia Pan Mengyao
  • Kampon Akaravarinchai
  • Ken Lee
  • Kochakorn Sutaruksanon
  • Kwanchai Atiphophai
  • Tanaporn Visaruthaphong
  • Zhifeng Shen

Regional Morning Notes - Friday, April 21, 2023

GREATER CHINA Sector Automobile: 2023 Shanghai Auto Show – The prelude to the endgame of ICE cars. Maintain UNDERWEIGHT. Top picks: BYD, CATL and Ganfeng. Results Zhejiang Shuanghuan Driveline Co (002472 CH/BUY/Rmb23.98/Target: Rmb33.00): 1Q23: Results in line; strong growth momentum from EV, robots and overseas. Update Baidu Inc (9888 HK/BUY/HK$126.40/Target: HK$187.00): 1Q23 results will be solid; ERNIE Bot as the key market focus. Li Ning Company (2331 HK/BUY/HK$57.40/Target: HK$72.60): Retai...

John Cheong Ming Chern
  • John Cheong Ming Chern

Nanofilm Technologies International (NANO SP) - 1Q23: Revenue Misses E...

Nanofilm’s 1Q23 revenue of S$33m (-40% yoy) missed our estimate due to China’s soft recovery. Nanofilm believes that the macro environment is looking brighter in 2H23. Nanofilm’s green plating business is progressing as planned and is expected to contribute significantly from 2024. We trimmed our 2022/23 EPS by 20%/18% due to weak consumer demand. Our target price increased by 26% to S$1.61 (18x 2024F PE) after rolling over the valuation base year. Maintain HOLD.

ResearchPool Subscriptions

Get the most out of your insights

Get in touch