00:49:28 EDT Sun 05 May 2024
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Nano One Materials Corp
Symbol NANO
Shares Issued 110,453,010
Close 2023-12-01 C$ 2.45
Market Cap C$ 270,609,875
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Globe says Nano One CEO sees need for more research

2023-12-04 07:19 ET - In the News

The Globe and Mail reports in its Monday, Dec. 4, edition that Canadian ambition to be a force in electric vehicles could be driven off course by insufficient support for key segments within the supply chain, including critical-mineral processing, or the lack of a strategy to attract capital with incentives from government, senior industry executives say. The Globe's Jeffrey Jones writes that Canada is already playing catch-up with Europe, the United States and China, which have made massive investments as demand for zero-emission transport trends higher. Canada must develop its own long-term blueprint, incorporating the minerals used in batteries and other components right through to assembling vehicles and developing charging networks, says a survey of sector leaders conducted by Accelerate. A missing piece remains the capacity to process raw materials that go into those cells. Canada currently has nowhere near the capacity to process raw materials today to compete with Asia. Canada must set itself apart by investing in research that would lead to processing that emphasizes environmental protection while keeping costs in check, said Nano One Materials chief executive officer Dan Blondal.

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