NEO Battery Materials Ltd (TSE:NBM) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
NEO Battery Materials has been selected as a consortium partner in a $20 million project led by the South Korean government to develop recycled silicon-based battery technology. The initiative aims to create high-performance, low-cost silicon anode materials using waste from semiconductor and photovoltaic manufacturing. This collaboration enhances NEO’s strategic efforts to secure affordable and efficient silicon feedstock for lithium-ion batteries.
For further insights into TSE:NBM stock, check out TipRanks’ Stock Analysis page.
