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Neo Battery Materials Ltd
Symbol NBM
Shares Issued 118,987,756
Close 2025-02-11 C$ 0.92
Market Cap C$ 109,468,736
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Neo to work with Rockwell on automation at facility

2025-02-11 16:50 ET - News Release

Mr. Spencer Huh reports

NEO BATTERY MATERIALS AND ROCKWELL AUTOMATION TO COLLABORATE ON AUTOMATION OF WINDSOR SILICON ANODE MANUFACTURING PLANT

Neo Battery Materials Ltd. is collaborating with Milwaukee, Wisconsin-based, Rockwell Automation Inc. (NYSE: ROK), the world's largest company dedicated to industrial automation and digital transformation. Through this collaboration, Neo aims to integrate advanced automation solutions that will improve production efficiency, quality control and scalability at Neo's planned silicon anode manufacturing facility in Windsor, Ont.

  • Collaborating with Rockwell Automation, world's largest company dedicated to industrial automation and digital transformation;
  • To integrate advanced automation solutions to improve manufacturing efficiency, quality control and scalability for silicon anode manufacturing process:
    • Enabling digital tools for real-time monitoring and data-driven insights.

With Neo Battery's development of its silicon anode technology, Rockwell Automation intends to aid the company achieving operational readiness for large-scale, commercial production. By implementing Rockwell's advanced automation and digitalization solutions, Neo will streamline its manufacturing capabilities, optimize resource use and support a more robust, cost-effective production process. Digital tools will also enable real-time monitoring and data-driven insights, supporting enhanced decision-making and reducing lead time to workflows.

"We are excited to grow the auto and EV battery category in our industry," said Brian Holte, regional vice-president, North America, of sales strategy and transformation at Rockwell Automation. "Supporting Neo's growth is a strategic imperative for us as we continue to establish our products and solutions to scale the company's output with higher efficiencies and ultimately growth to both company's bottom lines."

As Neo Battery Materials commercializes its facilities in Windsor, the company envisions to expand operations in the United States to pursue silicon anode manufacturing activities and value-added projects. Rockwell Automation will be engaged to help launch further facilities, such as in Ohio, in the future.

"Teaming up with Rockwell Automation was a strategic step to help us scale our battery materials commercialization and production," said Spencer Huh, president and chief executive officer of Neo Battery Materials. "The value proposition provided by utilizing solutions from Rockwell will help grow and streamline production, delivering the highest quality products to our customers."

About Neo Battery Materials Ltd.

Neo is a Canadian battery material technology company focused on developing silicon anode materials for lithium-ion batteries in electric vehicles, electronics and energy storage systems. With a patent-protected, low-cost manufacturing process, Neo enables longer-running and ultrafast-charging batteries compared with existing state-of-the-art technologies. The company aims to be a globally leading producer of silicon anode materials for the electric vehicle and energy storage industries.

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