Nano One touts scalable, localized battery material production as Western demand for LFP surges

  • Nano One Materials Corp (TSX:NANO, OTC:NNOMF) reaffirmed its strategy to scale up localized production of lithium iron phosphate (LFP) battery materials, as global demand for the cathode active material accelerates and Western economies move to reduce reliance on Chinese supply chains. "There is tremendous market opportunity in LFP, and the key to capturing market share lies in process innovation," Nano One CEO Dan Blondal told shareholders in a statement.