Nano One Materials (TSE:NANO) has released an update.
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Nano One Materials has been awarded C$18 million by the Government of Québec to enhance its lithium iron phosphate production at the Candiac facility. The funding, comprising a C$15 million loan and a C$3 million grant, aims to boost production capacity and support cleaner manufacturing processes. This investment is set to secure jobs and strengthen Nano One’s position in the battery market.
For further insights into TSE:NANO stock, check out TipRanks’ Stock Analysis page.
