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Nano One's lithium-ion battery cathode technology could lower manufacturing costs, alphaDIRECT Advisors says

Severson said that "we believe Nano One is uniquely positioned to enable battery manufacturers and material suppliers to lower costs through a new and innovative cathode processing technology"

Nano One Materials - Nano One Material Corporation’s lithium-ion battery technology could lower manufacturing costs, alphaDIRECT Advisors says
Forecasts project that demand for the cathode materials in lithium-ion batteries will reach US$10 billion by 2025

Nano One Materials Corporation’s (CVE:NNO) (OTCMKTS:NNOMF) patented technology for the low-cost production of high-performance lithium-ion battery cathode materials could lower manufacturing costs for batteries, alphaDIRECT Advisors says. 

Shawn Severson, founding partner of the investor-intelligence firm, issued a report on Nano One’s corporate structure, the world-wide lithium-ion cathode industry and target markets, together with key milestones, future opportunities, strategic drivers, financial highlights, peer comparison and risk assessment.

Severson noted that the energy-storage industry, which is growing rapidly, has become “a critical technology” behind a number of industries including electric vehicles, renewables, utilities, microgrids and consumer electronics.

READ: Nano One Materials' lithium battery technology boosted with another US patent

“With the industry driving for lower costs and higher power densities, battery materials are a key consideration,” he wrote. “With the cathode accounting for approximately 27% of the cost of a lithium-ion battery, we believe Nano One is uniquely positioned to enable battery manufacturers and material suppliers to lower costs through a new and innovative cathode processing technology.”

Nano One, based in Burnaby, British Columbia, has developed an industrial process for producing low-cost, high-performance battery materials and a wide range of other advanced nanostructured composites. 

And overall, market forecasts project that demand for the cathode materials in lithium-ion batteries will reach US$10 billion by 2025.

Severson also pointed out that Nano One has an extensive patent portfolio and a proprietary process that is ready for commercial-scale deployment. 

He also said the company has already solidified joint development partnerships with Volkswagen and Saint-Gobain and a collaboration with the Chinese cathode producer, Pulead Technology Industry, which it intends to jointly develop and optimize scaled-up lithium iron phosphate (LFP) production. 

“Furthermore, Nano One should have significant margin leverage as it intends to use a royalty model and is asset-light,” said Severson. 

alphaDIRECT Advisors creates and implements digital content and programs to help investors better understand a company’s key drivers including industry dynamics, technology, strategy, outlook and risks as well as the impact they could have on the stock price.

Contact the author: [email protected]

Follow him on Twitter @PatrickMGraham

Quick facts: Nano One Materials

Price: 1.46 CAD

TSX-V:NNO
Market: TSX-V
Market Cap: $98 m
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on 12/12/2019

2 min read