NEO Battery Materials Ltd. (TSXV: NBM) (OTCQB: NBMFF) ✅ RICH TV LIVE
Channel: RICH TV LIVE
Date: 15/12/2021

NEO Battery Materials Ltd. (TSXV: NBM) (OTCQB: NBMFF) ✅ RICH TV LIVE - December 15, 2021 - #neobatterymaterials #electricvehicles #richtvlive #business #news #finance #education #entertainment #money #pennystocks #win #trading #stocks #lithium

NEO Battery Materials Ltd. (TSXV: NBM) (OTCQB: NBMFF) ("NEO" or the "Company") is pleased to announce that the Company has launched 3 types of silicon (Si) anode active materials, NBMSiDE-P100, NBMSiDE-P200, and NBMSiDE-C100, and is on schedule to target the semi-commercial scale production of these materials by the end of 2022.

The three types of products are manufactured through NEO's proprietary nanocoating technology and are based on metallurgical-grade silicon with purities of at least 99.95%. NEO's products have all achieved an initial coulombic efficiency (ICE) greater than 86%, and high specific capacity (2500 mAh/g). In addition, an ICE of 92% or higher can be attained when NEO's silicon is mixed with existing graphite anode. NEO's technology significantly improves the life span and cycling stability compared to conventional metallurgical silicon-based particles.

Mr. Spencer Huh, President and CEO, expressed, "We are very glad to bring the 3 types of silicon anode active prototypes to the market as a result of valuable research and development for the past 7 years. All our business developments are aligned with our plans and strategy, and we have complete confidence in pushing towards the semi-commercial plant facility in South Korea. NEO is positioning itself as a low-cost, robust Si anode materials supplier for electric vehicle lithium-ion batteries, and we are set to provide long-term value for all stakeholders."

NEO Si Anode Material ("NBMSiDE") Trademark Applied
NEO has submitted the application for the trademark of its silicon anode active material products through its South Korean intellectual property (IP) law firm. As stated, the three products will be named NBMSiDE-C100, NBMSiDE-P100, and the NBMSiDE-P200 in which each product represents different nanocoated materials with various modifications made according to specifications of battery manufacturers.

About NEO Battery Materials Ltd.
NEO Battery Materials Ltd. is a Vancouver-based company focused on battery metals and materials. NEO has a focus on producing silicon anodes materials through its proprietary single-step nanocoating process, which provides improvements in capacity and efficiency over lithium-ion batteries using graphite in their anode materials. The Company intends to become a silicon anode active materials supplier to the electric vehicle industry. For more information, please visit the Company's website at: https://www.neobatterymaterials.com/.

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