Mr. Alex Holmes reports

NANO ONE AND STANDARD LITHIUM COLLABORATE TO QUALIFY LITHIUM CARBONATE FOR LFP CATHODES

Nano One Materials Corp. has produced LFP cathode active material and in-house battery test cells using battery-quality lithium carbonate supplied by Standard Lithium Ltd. from the pilot plant at its South West Arkansas project.

Test results

Nano One processed the supplied lithium carbonate through its patented One-Pot process to produce LFP CAM and then proceeded to test battery coin cells assembled in-house at its innovation centre in Burnaby, B.C. The test material attained the target chemical and physical standards while also achieving the intended particle morphology. Importantly, initial electrochemical test results indicated that the material delivered a performance of approximately 155 milliampere-hour per gram on first discharge.

Licensing efforts supported by continued expansion of feedstock supply base

Nano One qualifies battery-grade raw material inputs through a staged testing protocol at increasing scales from A-sample (lab scale) through C-sample (pilot scale), prior to D-samples in a commercial plant setting. The company has adopted a strategy of prequalifying feedstock as part of its efforts to derisk supply chains for prospective licensees. This can in some cases allow for potential acceleration of A through C sample qualification programs by as much as one year, depending on customer requirements.

This recent work program extends a relationship that began in July, 2025, when Nano One participated as an inaugural cohort of the Arkansas lithium technology accelerator, supported by Standard Lithium alongside other Arkansas-based producers, academic institutions and government partners.

"We continue qualification work with raw material producers across multiple jurisdictions, and we are now pleased to have successfully tested lithium feedstock from Standard Lithium. As our feedstock supply base continues to grow, we believe this provides our prospective licensees and customers with greater sourcing optionality. Our customers and licensees are asking for cathode production they can build in their own jurisdiction with inputs they can source easily, and every feedstock we prequalify shortens the potential path to production," said Alex Holmes, chief executive officer of Nano One.

Nano One will be expanding total production capacity at its Candiac facility to approximately 800 tonnes per year, and, as at July, 2026, detailed engineering of the expansion project is 85 per cent complete. Commissioning of the expanded demonstration line is targeted in the first half of 2027.

About Nano One Materials Corp.

Nano One is a process technology company changing how cathode active materials are produced for lithium-ion batteries. Nano One's platform is built on a portfolio of patented processes, decades of manufacturing know-how and modular plant designs that enable scalable, cost-competitive and easier-to-permit CAM production with resilient supply chains. The technology eliminates waste water and byproducts while enabling regionally sourced raw materials and reducing exposure to foreign supply chain volatility. Modular plants are designed with fewer steps to reduce capital expenditures, energy and environmental intensity and to accelerate deployment, manufacturing and licensing. Product development and process optimization are based at Nano One's innovation centre in Burnaby, B.C., while piloting, demonstration and commercial production are based in Candiac, Que., supported by a team with more than 15 years of commercial cathode manufacturing experience supplying global cell manufacturers. Strategic collaborations with global partners including Sumitomo Metal Mining, Rio Tinto and Worley support Nano One's design-one-build-many growth strategy. Nano One has received funding support from the governments of Canada, the United States, Quebec and British Columbia.

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