May 14, 2024 • 2 min read
Strategic alliance with Nano One to deploy its One-Pot process technology
We’ve partnered with Nano One, a technology company with patented processes for the sustainable production of lithium-ion battery cathode active materials (CAM), to accelerate commercial scale deployment of its One-Pot process.
The process is anticipated to produce high quality cathode materials with a lower environmental impact. It eliminates wastewater and a sodium sulphate waste stream, a major challenge in current cathode material production processes.
The strategic alliance will accelerate the development and deployment of a new generation of battery cathode material plants sold and licensed to operators globally.
We’ll work with Nano One to integrate the One-Pot process into a design package, including specialized equipment. This will enable customers to create competitive CAM production facilities to meet growing market needs. The initial focus will be on lithium ferro phosphate (LFP) cathode chemistries and will extend to other chemistries in time.
Photo credit: @ Vincent Nguyen
Our Worley Chemetics teams will design and fabricate the process reactors, incorporating metal alloys that are specifically designed for corrosive environments.
We’ll also work with Nano One on process and plant designs to create a design-one-build-many growth strategy.
“We expect this partnership to add value and significantly de-risk the One-Pot process, with Worley Chemetics’ patented metal alloys, reactor design and fabrication capability, and the technical and delivery capability of the broader Worley organization. We have found in Worley a collaborative, insightful and visionary team that is just as passionate about changing the way the world makes battery materials as we are,” said Dan Blondal, Nano One CEO.
“Nano One's innovative One-Pot process has the potential to transform the production and performance of battery materials. Combining Nano One’s technology with our expertise and scale in battery materials will advance our growth strategy while accelerating the deployment of this important technology,” added Laura Leonard, Group President, Technology Solutions.
This release contains forward-looking information and statements as defined under applicable securities laws. Forward-looking statements are not historical facts but are based on current expectations, estimates, and projections about future events. These statements may include words like “believe”, “expect”, “anticipate”, “plan”, “intend”, similar expressions guarantees and similar expressions of future performance and are subject to risks, uncertainties, and other factors that could cause actual results to differ materially.
The forward-looking information herein includes expectations about the success of the alliance, the development and benefits of the CAM package, and the expansion and scalability of technology at the Candiac facilities. Additional operational and company risks for Nano Ones are detailed in the MD&A and Annual Information Form as of March 27, 2024, and other securities filings available at www.sedarplus.ca.
Investors should not rely solely on forward-looking statements as they involve significant risks and uncertainties. No forward-looking statement will be updated unless required by law. This document is not investment advice, and the companies any liability for losses arising from the use of this information. We seek safe harbor.
