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Nano One Materials appoints battery materials strategist as new advisor

Richard Morris has joined the group to advise on business opportunities with battery metal producers looking to provide environmentally sustainable and value-added materials into the battery supply chain

Nano One Materials Corp. - Nano One Materials appoints battery materials strategist as advisor
Richard Morris has joined the company as an expert advisor on battery raw materials strategies

Nano One Materials Corp (CVE:NNO) (OTCPINK:NOMF) (FRA:LBMB) said Richard Morris has joined the company as an expert advisor on battery raw materials strategies.

The firm, which has developed a patented technology for the low-cost production of high-performance lithium-ion battery cathode materials used in electric vehicles, energy storage and consumer electronics, said Morris has joined the group to advise on business opportunities with battery metal producers looking to provide environmentally sustainable and value-added materials into the battery supply chain.

WATCH: Nano One Materials makes transformative move by signing a joint agreement

He previously served as executive vice-president of sales and marketing in base metals at miner Vale, where he was instrumental in developing its strategic direction relating to its electric vehicle strategy, positioning its vast nickel and cobalt assets towards the production of essential battery materials. Prior to Vale, he also served as managing director at Umicore Greater China, with responsibility for marketing the firm’s line of cathode battery materials to the Chinese market.

"The leaders in electric vehicle manufacturing, investors and governments are all seeking sustainable sources of raw materials for use in lithium-ion batteries, especially nickel and cobalt. We believe that Nano One's cathode production technology could contribute by enabling integration with raw material suppliers to eliminate waste streams and provide a cost-effective and environmentally sustainable process.

"We have recently filed another patent application relating to the integration opportunity … we look forward to working with Mr. Morris on building relationships with upstream metals refiners and exploring opportunities to align Nano One's processes with those of the raw material suppliers to add value, reduce waste and improve environmental footprints”, Nano One chief technology officer Stephen Campbell said in a statement.

Morris added: "There is a tremendous opportunity to further optimize the global supply chain for the critical metals required for today's lithium-ion batteries. In addition to bringing important efficiencies to the supply chain, Nano One's technology has the capability to significantly reduce the waste stream associated with processing these metals in the production of cathode active materials."

Contact the author at calum@proactiveinvestors.com

Follow him on Twitter @Cal_Proac

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Price: 2.62 CAD

TSX-V:NNO
Market: TSX-V
Market Cap: $206.36 m
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Nano One Materials make transformative move by signing a joint agreement

Nano One Materials (CVE: NNO- OTC: NNOMF) CEO Dan Blondal is calling it “a defining moment in our evolution” as the company has signed a joint development agreement with a multi-billion-dollar cathode material producer. Blondal explains how this deal will work and the possibility for expanded...

on 11/8/20

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