NEO Battery Materials (NBM) has recently introduced NEO Battery Materials America LLC (NBM America) to facilitate expanding its business operations in the United States.

Furthermore, the company has announced its participation in InterBattery 2023, the premier annual battery exhibition in South Korea.

NBM America Formation & U.S. Site Visitation

NEO has recently successfully incorporated NEO Battery Materials America, LLC, in full compliance with the provisions and requirements of the State of Delaware.

According to the management team of NEO Battery Materials, establishing NBM America as a wholly-owned subsidiary will provide the opportunity for active and ambitious business development initiatives. This strategic move will enable the company to cultivate relationships and effectively market its core silicon anode materials in the United States.

The management team is discussing Ohio as the preferred location for the company’s headquarters. They plan to visit Ohio and Kentucky in late March and early April to evaluate and choose the site for their operations carefully. During the visit, their agenda includes fostering and fortifying business relationships with key players in the EV battery industry and governmental organizations.

The management team is considering Ohio as their headquarters’ leading choice. They have plans to visit Ohio and Kentucky in late March and early April to finalize the operational site. During this visit, they will focus on establishing and enhancing business relationships with key players in the EV battery industry and governmental organizations.

InterBattery 2023

InterBattery is South Korea’s leading annual battery trade show, attracting over 900 exhibitors and providing a platform for NEO Battery Materials to establish new business relationships and explore strategic initiatives for future expansion.

InterBattery 2023 is a 3-day event from March 15 to March 17. The company will exhibit its cost-effective, high-performance silicon anode materials at a booth, targeting industry players.

About NEO Battery Materials

NEO Battery focuses on electric vehicle lithium-ion battery materials. It also develops silicon anodes that improve capacity and efficiency over lithium-ion batteries with graphite anodes. The company intends to become an EV industry’s integrated silicon producer and anode materials supplier.

NEO Battery Materials Ltd. (NBM) is down 1.64 per cent, trading at C$0.30 per share at 12:56 pm ET.