Nano One Materials, a process technology company specializing in cathode active materials for lithium‑ion batteries, has been awarded $3 million from Natural Resources Canada (NRCan) under its Energy Innovation Program.

The company will use the funds to support ongoing process optimization, supply chain diversification and enhanced commercial offerings for the production of lithium iron phosphate (LFP) cathode active materials (CAM) using its One-Pot process through March 2028.

The process development work will focus on iron feedstock, using the Nano One R&D facility in Burnaby, British Columbia and its pilot and demonstration facilities in Candiac, Québec. Sumitomo Metal Mining, which is a strategic shareholder in the company, will contribute technical expertise, testing and external validation for the program. 

The One-Pot process is designed to enable cost-competitive input of alternative iron feedstock that can be sourced in various jurisdictions around the world, eliminating the need to source iron phosphate precursor materials while enabling diversification of LFP supply chains.

Nano One is optimizing the technology for the commercial production of LFP across three core markets: EVs, defense, and energy storage systems.

“These funds support us as we bring cost-competitive and scalable LFP processing technology alternatives to markets, strategic partners and customers around the world, and they help us enhance our commercial offerings and supply chain solutions,” said Dan Blondal, Nano One’s CEO.

Source: Nano One