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Nano One® Materials Corp.

10:41 AM EST - Nano One® Materials Corp. : Announced the signing of a non-exclusive Joint Development Agreement on production process technologies for cathode active materials (CAM) for lithium-ion batteries. Under the agreement, Umicore will evaluate Nano One's patented M2CAM® One-Pot process technology with the intention to integrate it with Umicore's proprietary process technology for the production of high nickel NMC (nickel, manganese, cobalt) CAM. With the agreement both parties aim to leverage their respective technologies and know-how to further increase the throughput rate while reducing the costs and environmental footprint of CAM production. Nano One® Materials Corp. shares T.NANO are trading up $0.07 at $2.48.