Nano One Signs JDA with BASF for Lithium-ion Battery Materials

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Today, Nano One Materials Corp. (Nano One), an innovator in clean technology in battery materials, and BASF SE(BASF), a global active chemical company with extensive expertise in the development and manufacturing of battery materials, announced they had signed a joint developmental agreement (JDA). The JDA will allow the companies to co-develop a process that produces fewer by-products for the commercial production of next generation cathode active material (CAM). It is based on BASF’s HEDTM-family advanced CAM, and Nano One’s One-Pot process.

BASF has a range of CAM products that are well-suited for the changing requirements of automotive batteries. They also have a track record of working with other companies to develop these products. Nano One and BASF will use M2CAM(r), which allows for greater flexibility in manufacturing and results in a lower energy consumption, better product performance, and a smaller environmental footprint.

The joint development plan is divided into several stages and gates. It is the result from evaluating Nano One products and processes. The JDA is a significant milestone in BASF’s business relationship with Nano One.

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Nano One CEO Dan Blondal stated that “BASF is a world leader in chemistry, high-performance lithium-ion battery materials, and we are proud of being forging new ground to improve performance, cost, and the environmental footprint for CAM manufacturing. This partnership offers tremendous potential to differentiate production processes and products in order to create a stronger and more sustainable supply chain. We look forward to working with you on this partnership.”

Dr. Heiko Urtel (Vice President Global R&D Battery Materials at BASF SE) stated that Nano One is an advanced technology that has the potential to increase the product performance and simplify the synthesis process of high-performance battery active materials. We look forward to establishing a working relationship with you and helping to expand the business opportunities for our next generation cathode active material.

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