Nano One and Worley Provide Insights into Strategic Partnership and Market Opportunities in Cathode Active Materials Production [Yahoo! Finance]
WORLEY LTD UNSP/ADR (WYGPY)
NASDAQ:AMEX Investor Relations:
worleyparsons.com/investorrelations/pages/default.aspx
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Source: Yahoo! Finance
• Senior executives from Nano One and Worley provide video update. • Low-cost, rapidly deployable plant design made possible by eliminating waste and waste treatment. • Relationship with vendors and supply chain partners to generate economies of scale. • Next steps include developing standardized design package and joint marketing. • Recent market projections show significant growth for Lithium Iron Phosphate (LFP). Nano One® Materials Corp. ("Nano One" or the "Company") is a clean technology company with a patented process for the production of lithium-ion battery cathode active materials (CAM) that enable secure and resilient supply chains by reducing cost, complexity, energy use, and environmental footprint. The Company recently formed a strategic partnership with Worley, a global professional services company of energy, chemicals and resources experts, to deploy Nano One's patented technology globally to produce cleaner, cost-competitive CAM for lithium-ion batteries to
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