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Battery Materials to build $84 million silicon anode plant in Canada","neo-battery-materials-to-build-84-million-silicon-anode-plant-in-canada","article/neo-battery-materials-to-build-84-million-silicon-anode-plant-in-canada",{"_uid":557,"date":558,"tags":559,"editor":569,"content":579,"excerpt":694,"featured":51,"reporter":695,"_editable":699,"component":700,"seo_title":553,"categories":701,"visibility":710,"author_company":49,"featured_image":711,"seo_description":694,"author_full_name":49,"author_job_title":49,"formattedDate":715,"formattedArticleDate":716},"83efa144-0cc7-4c05-95ae-a0e452e706d3","2025-01-28 00:00",[560,563,566],{"slug":561,"name":562},"canada","Canada",{"slug":564,"name":565},"neo-battery-materials","Neo Battery Materials",{"slug":567,"name":568},"north-america","North America",[570],{"slug":571,"name":572,"content":573},"didi-bostock","Didi Bostock",{"job_title":574,"image":575,"bio":577,"linkedin":578},"Editor - Energy Transition & Economics",{"filename":576},"https://a.storyblok.com/f/287943243085208/512x512/2c5ca5c1a3/didi-bostock.jpeg","Didi is the Energy Transition & Economics Editor at Benchmark, covering a broad range of markets across the energy transition. His remit spans from downstream sectors such as BESS and EVs, through to midstream such as new technologies and battery production, to upstream critical minerals mining. He also leads on financial analysis across these supply chains, alongside in-depth policy analysis.\n","https://www.linkedin.com/in/didi-bostock-656342198/",{"type":580,"content":581},"doc",[582,599,612,630,635,640,647,652,657,662,667,679,684,689],{"type":583,"attrs":584,"content":585},"paragraph",{"textAlign":49},[586,589,597],{"text":587,"type":588},"Canadian silicon anode developer Neo Battery Materials is investing up to C$120 million (US$84 million) over eight years to build a ","text",{"text":590,"type":588,"marks":591},"silicon anode",[592],{"type":593,"attrs":594},"link",{"href":595,"uuid":49,"anchor":49,"target":49,"linktype":596},"https://source.benchmarkminerals.com/article/in-charts-how-silicon-anodes-could-impact-graphite-demand?_branch_match_id=1544411857582847767&utm_source=facebook&utm_medium=share&_branch_referrer=H4sIAAAAAAAAA8soKSkottLXT0rNS87ITSzKzs3MSy1KzCnWSywo0MvJzMvW9ysqM4uwKPVx9k%2ByrytKTUstKsrMS49PKsovL04tsnXOKMrPTQUA6zb89EgAAAA%3D","url",{"text":598,"type":588}," production facility in Windsor, Canada.",{"type":583,"attrs":600,"content":601},{"textAlign":49},[602,604,610],{"text":603,"type":588},"An initial investment of C$69 million (US$48 million) by Neo will enable a production capacity of around 240 tonnes of anode material. The planned additional investment will increase the capacity to 5,000 tonnes of ",{"text":605,"type":588,"marks":606},"silicon anode material per year",[607],{"type":593,"attrs":608},{"href":609,"uuid":49,"anchor":49,"target":49,"linktype":596},"https://source.benchmarkminerals.com/article/silicon-anodes-prepare-for-mainstream-deployment-with-production-capacity-set-to-triple-in-2024?_branch_match_id=1544411848140814413&utm_source=facebook&utm_medium=share&_branch_referrer=H4sIAAAAAAAAA8soKSkottLXT0rNS87ITSzKzs3MSy1KzCnWSywo0MvJzMvWr%2FQtMK7IcfNx9k%2ByrytKTUstKsrMS49PKsovL04tsnXOKMrPTQUAzIH%2FQ0gAAAA%3D",{"text":611,"type":588},".",{"type":583,"attrs":613,"content":614},{"textAlign":49},[615,621,623,629],{"text":616,"type":588,"marks":617},"North America’s production of silicon anode materials",[618],{"type":593,"attrs":619},{"href":620,"uuid":49,"anchor":49,"target":49,"linktype":596},"https://source.benchmarkminerals.com/article/china-leads-production-but-the-west-is-catching-up-new-battery-technology-2024-in-review?_branch_match_id=1544411852988035595&utm_source=facebook&utm_medium=share&_branch_referrer=H4sIAAAAAAAAA8soKSkottLXT0rNS87ITSzKzs3MSy1KzCnWSywo0MvJzMvW9ylzKzD1jwiKCEiyrytKTUstKsrMS49PKsovL04tsnXOKMrPTQUAitH%2FQkgAAAA%3D",{"text":622,"type":588}," is set to grow more than six-fold between 2025 and 2030 to 29 gigawatt hours (GWh) of material (6,700 tonnes), according to ",{"text":624,"type":588,"marks":625},"Benchmark’s Silicon Anode Forecast",[626],{"type":593,"attrs":627},{"href":628,"uuid":49,"anchor":49,"target":49,"linktype":596},"https://www.benchmarkminerals.com/silicon-anode/data-reports/forecast",{"text":611,"type":588},{"type":583,"attrs":631,"content":632},{"textAlign":49},[633],{"text":634,"type":588},"“North America is positioning itself as a leader in the emerging silicon anode industry,” said Rory McNulty, Benchmark’s product director for new technologies. “This announcement by Neo is a great example of the size and pace of innovation which is happening in the North American region.”",{"type":583,"attrs":636,"content":637},{"textAlign":49},[638],{"text":639,"type":588},"The company expects to break ground on the facility later this year. Neo currently operates a small, ten tonne per year pilot facility in Gyeonggi, South Korea.",{"type":641,"attrs":642,"content":644},"heading",{"level":643,"textAlign":49},4,[645],{"text":646,"type":588},"What are North America and Canada’s positions in the silicon anode industry?",{"type":583,"attrs":648,"content":649},{"textAlign":49},[650],{"text":651,"type":588},"Watch Benchmark’s product director for new technology discuss the evolution of the silicon anode market.",{"type":641,"attrs":653,"content":654},{"level":643,"textAlign":49},[655],{"text":656,"type":588},"What kind of silicon anode material does Neo produce?",{"type":583,"attrs":658,"content":659},{"textAlign":49},[660],{"text":661,"type":588},"Neo has developed a next-generation coated silicon anode material that uses metallurgical grade silicon (MGS) to produce its silicon anode which the company claims is low cost.",{"type":583,"attrs":663,"content":664},{"textAlign":49},[665],{"text":666,"type":588},"“Innovators across the US and Canada are developing novel silicon architectures, nano structures, and material coatings, to accelerate the adoption of silicon as a battery anode material,” McNulty said.",{"type":668,"attrs":669},"blok",{"id":670,"body":671},"e8dfae5c-fe1a-4d4a-8033-abccfdddb42a",[672],{"id":673,"_uid":674,"type":675,"_editable":676,"component":677,"fixed_height":678,"use_fixed_height":50,"fixed_height_mobile":678,"fixed_height_tablet":678},"21338153","i-5f12d8ef-ed81-44f3-855b-034ad5505dbf","visualisation","\u003C!--#storyblok#{\"name\": \"ContentFlourish\", \"space\": \"\", \"uid\": \"i-5f12d8ef-ed81-44f3-855b-034ad5505dbf\", \"id\": \"\"}-->","ContentFlourish","",{"type":641,"attrs":680,"content":681},{"level":643,"textAlign":49},[682],{"text":683,"type":588},"What is the significance of the location of Neo’s facility?",{"type":583,"attrs":685,"content":686},{"textAlign":49},[687],{"text":688,"type":588},"Windsor, in Ontario, Canada, is on the border between Canada and the US and is home to several other players in the automotive industry. NextStar Energy is building a 49 GWh gigafactory in the city and automakers Stellantis and Volkswagen have assembly facilities there. The University of Windsor has a strategic partnership with Neo for the development of novel battery technologies.",{"type":583,"attrs":690,"content":691},{"textAlign":49},[692],{"text":693,"type":588},"“With prospective collaborators, business partners, and customers on your doorstep the opportunities to drive commercial efforts are clear,” McNulty said. “Proximity is a great accelerator of progress through partnership.”","Canadian silicon anode developer Neo Battery Materials is investing up to C$120 million (US$84 million) over eight years to build a silicon anode production facility in Windsor, Canada. An initial investment of C$69 million (US$48 million) by Neo will enable a production capacity of around 240 tonnes of anode material. The planned additional investment will […]",[696],{"slug":571,"name":572,"content":697},{"job_title":574,"image":698,"bio":577,"linkedin":578},{"filename":576},"\u003C!--#storyblok#{\"name\": \"article\", \"space\": \"\", \"uid\": \"83efa144-0cc7-4c05-95ae-a0e452e706d3\", \"id\": \"\"}-->","article",[702,704,707],{"slug":703,"name":263},"anode",{"slug":705,"name":706},"batteries","Batteries",{"slug":708,"name":709},"silicon-anode","Silicon Anode","private",{"id":49,"alt":678,"name":678,"focus":678,"title":678,"source":678,"filename":712,"copyright":678,"fieldtype":713,"meta_data":714,"is_external_url":51},"https://a.storyblok.com/f/287943243085208/3db8e7c764/bm-neo-battery-materials.jpg","asset",{"alt":678,"title":678,"source":678,"copyright":678},"Jan 28, 2025","28th January 2025",[],[],1792773891301]