Nano One Materials Corp.

11:04 AM EST - Nano One Materials Corp. : Provided an update on the progress of its partnership with Pulead Technology Industry, announced January 25. The objective of this joint development effort is to identify a viable supply chain and design a low cost lithium iron phosphate (LFP) plant using Nano One's proprietary processes. After two months, the teams are reportedly working well together and developments at the lab and pilot scale are moving along at a good pace. We have identified viable raw materials, are refining our processes, and are evaluating resulting materials against target specifications. Performance targets and economic modeling remain on track as we optimize Nano One's innovative process for the commercial production of LFP. Nano One Materials Corp. shares V.NNO are trading up $0.01 at $1.26.