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Lithium technology competition heats up as companies seize on new opportunities

lithium-technology-competition-heats-up-as-companies-seize-on-new-opportunities
Lithium technology competition heats up as companies seize on new opportunities
Johnson Matthey LFP batteries. (Credit: Johnson Matthey).

Lithium technology companies are jostling for a foot in the door of the rapidly accelerating North American integrated battery metals supply chain, whether becoming a battery precursor material manufacturer or a potentially disruptive lithium direct extraction tech provider.

Vancouver-based Nano One Materials Corp (TSX: NANO; US-OTC: NNOMF) on May 25 announced the acquisition of lithium iron phosphate (LFP) cathode material maker Johnson Matthey Battery Materials Canada for C$10.25 million ($8m).

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