NEO Battery Materials to Establish Canada’s First Silicon Anode Facility on 8 Acres in Windsor, Ontario

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TORONTO, Jan. 24, 2025 (GLOBE NEWSWIRE) --

NEO Battery Materials Ltd. (TSXV: NBM) (OTC: NBMFF), a low-cost silicon anode materials developer that enables longer-running, rapid-charging lithium-ion batteries, is highly pleased to enter into a definitive lease agreement (the “Agreement”) on December 20, 2024, with the City of Windsor, Ontario (“Windsor”), securing 8 acres of surplus lands at Windsor Airport. This significant milestone marks a critical step toward establishing Canada’s first advanced silicon anode manufacturing facility, further solidifying NEO’s role in strengthening the Canadian battery value chain.

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