NEO’s modified CNT nano-coating technology improves the service life and durability of micrometer-sized silicon metallurgical anodes

Vancouver, British Columbia – (Newsfile Corp. – July 30, 2021) – Dr. JH Park, Director and Senior Scientific Advisor to NEO Battery Materials Ltd. (TSXV: NBM) (OTC: NBMFF) (“NEO” or “Company”) is pleased to announce details of NEO’s innovation in using modified carbon nanotubes (CNTs) as a new material to make them more durable, cheaper, and mechanical more durable silicon anode active materials are used.

Theoretically, CNTs are known to have an electrical conductivity similar to that of copper and to have a strength more than 100 times that of steel. In addition, conventional carbon fibers are known to break easily at 1% elongation, but CNTs have shown the ability to retain their structural properties at 15% elongation.

Because of this ability to withstand mechanical loads, CNT can act as an effective damper for the problem of volume expansion of silicon anodes during charge and discharge cycles. In addition, the superior electrical conductivity of the material enables the anode’s performance to be maximized. Large battery manufacturers like LG Chemical are actively considering CNT as an additive to their next generation battery line and are aggressively aiming to increase production of CNTs.

NEO modified CNT nano-coating technology

Despite the excellent electrical conductivity, when mixed with silicon particles, there has been difficulty in maximizing the benefits of CNTs due to the lack of affinity between the two materials. NEO has thus secured the technology for functionalizing the surface of CNTs and has confirmed that the surface-treated CNTs have an extraordinary affinity for the silicon particles. The modified CNTs can be used as an effective material in NEO’s silicon nano-coating technology.

NEO’s modified CNTs may have a new morphology, and this confirms that NEO’s technology enables conformal coating in the nanometer range on all silicon particle surfaces. The analysis of the battery properties confirms that the service life is drastically improved compared to conventional CNTs which are applied to micrometer-sized metallurgical silicon anodes. With NEO’s one-step one-pot solution process, a process for mass production of the modified CNTs is currently being designed.

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Electrochemical properties

Physical Properties

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Appointment of Dr. Min Kim as Senior Research Engineer

NEO is pleased to announce that Dr. Min Kim has been appointed chief research engineer for the development of NEO’s silicon anodes for mass production. Dr. Kim was a senior researcher at L&F Co., Ltd., one of the leading South Korean cathode suppliers in the global lithium battery supply chain. His research and experience includes cathode, anode, and solid electrolyte materials. Dr. Kim has his Ph.D. in Chemical Engineering from Sungkyunkwan University in 2015.

Spencer Huh, President and CEO of NEO, commented, “We are at a critical juncture in scaling up NEO’s proprietary nanocoating technology to mass-produce inexpensive and reliable silicon anodes. Dr. Min Kim will be an invaluable asset to current science.” and will help NEO accelerate its commercialization goal. We will actively strengthen our employees in order to form the most effective team for NEO. “

Granting of stock options

NEO has granted 750,000 stock options under the company’s stock option plan to certain directors, consultants and employees. The stock options have an exercise price of USD 1.00 per share and are valid for a period of 5 years from the date they are granted.

About Dr. JH Park

Dr. Jong Hyeok Park is the senior scientific advisor and director of NEO Battery Materials Ltd. He was Senior Researcher for LG Chem and is a co-developer of LG Chem’s innovative core technology, the Safety Enhanced Separator (SRS). Dr. Park holds a total of 92 patents related to battery technology and energy innovations. He recently received only the prestigious S-OIL 2020 Next-Generation Scientist Award in the energy sector and was selected by the Korean Academy of Science and Technology as one of the Top 100 Leading Scientists for Renewable Energy Technology. Dr. Park is currently Professor of Chemical and Biomolecular Engineering at Yonsei University in Seoul.

About NEO Battery Materials Ltd.

NEO Battery Materials Ltd. is a Vancouver-based resource company focused on battery metals and materials. The Company has staked new mining claims along strike with a quartzite bed in Golden, BC, targeting a total of 467 hectares of silica in the quartzites. NEO is also focused on developing silicon anodes that offer improvements in capacity and efficiency over lithium-ion batteries that use graphite in their anode materials. The company intends to become an integrated silicon producer and supplier of anode materials for the electric vehicle industry. For more information, please visit the company’s website at:

On behalf of the board
Spencer Huhu
President and CEO

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