Nano One Materials Corp Chief Operating Officer Alex Holmes joined Steve Darling from Proactive to provide an update on the company’s growing partnership with Sumitomo Metal Mining, a leading integrated mining, refining, and cathode active material (CAM) manufacturing company headquartered in Japan and operating across 14 countries. SMM is a major supplier to international Tier 1 automotive companies and global battery cell manufacturers. Holmes shared that SMM has now publicly expressed a high degree of confidence in Nano One’s patented One-Pot process for producing lithium iron phosphate (LFP) and other cathode active materials. This confidence comes after extensive due diligence, which included product evaluations, performance testing, economic modeling, intellectual property reviews, and process technology trials conducted in Japan. According to Holmes, SMM believes Nano One’s One-Pot method has the potential to deliver high-quality, cost-effective CAM production while significantly reducing energy consumption, wastewater generation, and supply chain risk—factors that are increasingly critical to large-scale battery manufacturing. He noted that SMM has committed to investing in and advancing this production technology as part of its broader strategy to supply sustainable, low-cost materials to its global customer base. Nano One and SMM first entered into a strategic collaboration agreement in September 2023, with the shared objective of commercializing the One-Pot process. Over the past year, their collaboration has centered on developing and validating LFP materials for strategic customers. Holmes said this progress has not only strengthened the partnership but has also bolstered SMM’s conviction that the technology is ready to move toward commercialization. Looking ahead, Nano One and SMM will expand their joint efforts to pursue targeted LFP production opportunities with key strategic customers in the EV and energy storage sectors. Holmes emphasized that this marks a significant step in Nano One’s journey from technology development to commercial-scale manufacturing, positioning the company as a key player in the global clean energy supply chain. #nanoonebatterymaterialscorp #tsx #nano #otc #nnomf #BatteryTech #CleanEnergy #LFP #Innovation #RenewableTech #GreenTech #Sustainability #ElectricVehicles #FutureTech #MaterialsScience #TechNews #EnvironmentalImpact #EnergyStorage #TechInnovation #Cleantech #NanoMaterials #2024Updates #EcoFriendly #AdvancedMaterials #InvestmentOpportunity #SumitomoCollaboration #FeasibilityStudy