Nano One Secures $18M for Cathode Production

Nano One Materials (TSE:NANO) has released an update.

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.

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