By Shane Lasley
Metal Tech News
Korea backs NEO Battery Materials plant
Province of Gyeonggi-do will support silicon anode facility Metal Tech News - June 1, 2022
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Last updated 7/12/2022 at 2:07pm
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Silicon has demonstrated the potential to have up to 10 times more storage capacity than graphite when used as the anode material in lithium-ion batteries power EVs and electronics.
In a major step toward achieving its mission to help accelerate the mass adoption of electric vehicles by providing an alternative to the graphite anode materials typically used in the lithium-ion batteries that power them, NEO Battery Materials Ltd. plans to invest US$20 million (C$25 million) to build and expand a silicon anode plant in the province of Gyeonggi, South Korea.
As an anode mater...
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