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Johnson Matthey in nanomaterial battery deal

Johnson Matthey in nanomaterial battery deal

Business news |
By Nick Flaherty



UK battery maker Johnson Matthey has signed a deal to commercialise a nanomaterial for its high nickel batteries.

The agreement with Nano One Materials in Canada includes detailed commercialization study for pre-pilot, pilot and scaled up production of the patented One-Pot process and coated nanocrystal technology. This will allow low cost production of nanomaterials for high-performance lithium ion battery cathode materials.

Nano One’s patented One-Pot process is designed to form a type of cathode material known as “coated single crystal” which can deliver increased durability. The process will also enable these materials to be made directly from metal powders and lithium carbonate to address cost, energy and sustainability objectives across the entire lithium-ion battery supply chain.

The agreement will focus on developing materials, methods of production and a detailed commercialization study for pre-pilot, pilot and scaled up manufacturing. The agreement is the culmination of successful technical reviews and preliminary evaluations of both Nano One’s high nickel cathode materials and IP conducted over the past year and the company says this represents a significant milestone in the business relationship between both companies.

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“Johnson Matthey is a global leader in advanced lithium-ion cathode materials, and we are proud to be working with them in the pursuit of high performance, long life cycles, low-carbon footprint and environmentally sustainable solutions,” said Dan Blondal, CEO of Nano One. “We share a common vision to develop and commercialize a highly differentiated and value-added cathode materials business and we are delighted to be introducing Johnson Matthey as a trusted partner and collaborating on process innovation for a new generation of lithium-ion battery materials. Our business is primed for such opportunities and we look forward to advancing this partnership and its joint development program.”

“We are encouraged by Nano One’s innovations and believe its technology has the potential to offer significant advantages in terms of product performance, sustainability and manufacturing cost for our eLNO family of advanced cathode materials. We are looking forward to building business opportunities and a long lasting collaborative working relationship,” said Christian Gunther, Chief Executive of the Battery Materials business at Johnson Matthey.

Johnson Matthey is building a battery plant in the UK to commercialise its eLNO materials for battery electric vehicle applications. The site will include a dedicated, on site product development team for rapid customisation the eLNO cathode materials to meet customer needs. It will also have material characterisation and diagnostic equipment.

matthey.com

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