Nano One has filed its audited annual consolidated financial statements (the “financial statements”), and management’s discussion & analysis (“MD&A”) as at and for the year ended December 31, 2023 (“2023 Q4”) and is pleased to provide the following highlights.
Vancouver, Canada (TSX: NANO) (OTC: NNOMF) (Frankfurt: LBMB)
2023 Q4 – Highlights and Headlines
Cash and cash equivalent position of $31.9 million at year end.
Working capital of $30.1 million at year end.
Life Cycle Assessment study showcases 50% fewer GHGs and 80% less water.
Successful evaluation of Nano One LFP builds on Automotive OEM collaboration and accelerates piloting and testing to tonne-scale from Candiac Pilot Plant.
Nano One® Materials Corp. (“Nano One” or the “Company”) is a clean technology company with patented processes for the production of lithium-ion battery cathode active materials (“CAM”) that enable secure and resilient supply chains by driving down cost, complexity, energy intensity, and environmental footprint. Nano One has filed its audited annual consolidated financial statements (the “financial statements”), and management’s discussion & analysis (“MD&A”) as at and for the year ended December 31, 2023 (“2023 Q4”) and is pleased to provide the following highlights.
Life Cycle Assessment (LCA)
On December 6, 2023, the Company announced the results of a third-party LCA report which demonstrated the environmental and economic benefits of Nano One’s technologies including 50% fewer green house gas (“GHG”) emissions and 80% less water use, when considering lithium iron phosphate (“LFP”) and lithium nickel manganese cobalt oxide (“NMC”) production benchmarked again
see & read more on
https://nanoone.ca/news/nano-one-reports-q4-2023-results-and-provides-progress-update/ |