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NEO Battery Materials Teams Up with Lotus Energy
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NEO Battery Materials Teams Up with Lotus Energy

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NEO Battery Materials Ltd (TSE:NBM) has released an update.

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NEO Battery Materials Ltd. plans to form a joint venture with Lotus Energy Recycling to recycle end-of-life photovoltaic cells and solar panels in North America. The collaboration aims to recover valuable silicon materials for use in lithium-ion batteries, enhancing the sustainability and resilience of the battery supply chain. The initiative will leverage both companies’ expertise to improve recycling processes and materials optimization.

For further insights into TSE:NBM stock, check out TipRanks’ Stock Analysis page.

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