- 18650 batteries testing continues to deliver 14% performance improvement versus graphite benchmark batteries with minimal battery degradation rates at 125 cycles [1].
“The fact that our first generation of advanced silicon-based material continues to deliver about 3,100 milliampere-hour (mAh) of battery capacity after 125 cycles [1] is a powerful indication of the commercial potential of the materials we are developing for Advanced Mobile Technology applications, a US$ 228.9B addressable market in 2023 [2],” stated Dr.
CONTINUING TO DELIVER 14% BATTERY CAPACITY IMPROVEMENT AT 125 CYCLES
The data from Figure 1 below demonstrate that the three industrial-type batteries, which utilize Novacium's first generation of custom-engineered silicon material blend, (blue lines), continue to achieve > 14% performance improvement over 125 cycles. These batteries exhibit a high discharge capacity of approximately 3.10 Ampere-hours (Ah) (or about 3,100 mAh), surpassing the benchmark set by three comparison batteries (red lines) which have a capacity of about 2.65 Ah. These results, confirm and extend the approximate 14% enhancement in full-battery capacity compared to 100% graphite benchmark batteries, that was observed in the previous 5, 25, 50 and 100 cycles testing.
Figure 1) shows battery capacity during 125 cycles tests of
HPQ and Novacium Gen 1 18650 industrial battery [1].
CONTINUING TO DELIVER MINIMAL BATTERY DEGRADATION AT 125 CYCLES
Results from Figure 2 continue to demonstrate minimal increase in the measurable cycle degradation between the batteries made entirely of graphite (the red lines) and those incorporating Novacium's custom-engineered silicon-based material blend (the blue lines), between the 100 cycles and the 125 cycles, as expected. The Novacium non-optimized first generation of engineered silicon anodes material continue to deliver results within the range of comparable graphite batteries. These promising results have real world applications.
Figure 2) shows the capacity change during 125 cycles tests
of HPQ and Novacium Gen 1 18650 industrial battery [1].
“The data generated during testing continues to provide the crucial information needed to develop an enhanced second generation of advanced silicon-based material, that we believe will allow us to deliver even better results,” added
ADVANCE SILICON-BASED ENGINEERED ANODES MATERIAL MARKET OPPORTUNITY
As pure graphite anodes have essentially achieved their maximum performance in terms of energy density [3], a trend in the lithium battery industry has been the introduction of small amounts (about 5%) of silicon oxide (SiOx) material into graphite composite electrodes. This basic SiOx material, primarily used in the fabrication of optical materials, sells for about
While Silicon remains the most promising candidate that can drastically improve the anode performance (more than 10 times), its industrial application is still very limited due to unresolved issues related to volumetric expansion or due to the usage of very complex and highly expensive solutions.
The manufacture of an engineered silicon-based anode material, such as the Novacium product, will enable the battery industry to overcome these problems and increase battery capacity without significant degradation of the battery's lifetime. Presently the selling price of engineered silicon-based anode material is around
This new reality is driving a surge in demand for advanced silicon-based anode materials. As of 2023, this market is valued between
It is important to highlight that silicon-based materials for Li-ion batteries currently make up a relatively small portion, accounting for less than 10%, of the global demand for graphite, which is primarily used in the manufacture of anode materials for Li-ion batteries. This graphite market is estimated to be worth
“I continue to be profoundly encouraged by the results to date; however, I am even more excited about the potential of our next generations of materials,” expressed Mr.
REFERENCE SOURCES
[1] Novacium technical team analysis of the data from the ongoing charging and discharging cycle tests conducted at a world-leading university, the name of which is kept confidential for competitive reasons.
[2] According to
[3] The Royal Society of Chemistry 2020
[4] Management estimates based on confidential price quotes received for materials by HPQ affiliated company.
[5] QY Research,
[6] The global silicon anode battery market is likely to be valued at
From
[7] According to Future Market Insights, the global silicon anode battery market is Estimated to Reach
[8] Based on the analysis by Fact.MR, the global graphite market is valued to be
About NOVACIUM SAS
Novacium is an HPQ - affiliated company started in Q3 2022. This green technology startup is based in
About
HPQ is developing, with the support of world-class technology partners PyroGenesis Canada Inc. and NOVACIUM SAS, new green processes crucial to make the critical materials needed to reach net zero emissions.
HPQ activities are centred around the following four (4) pillars:
1) | Becoming a green low-cost (Capex and Opex) manufacturer of Fumed Silica using the FUMED SILICA REACTOR, a proprietary technology owned by HPQ being developed for HPQ by PyroGenesis. |
2) | Becoming a producer of silicon-based anode materials for battery applications with the assistance of NOVACIUM SAS. |
3) | |
4) | Becoming a zero CO2 low-cost (Capex and Opex) producer of High Purity Silicon (2N+ to 4N) using our PUREVAP™ “Quartz Reduction Reactors” (QRR), a proprietary technology owned by HPQ being developed for HPQ by PyroGenesis. |
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Image 1 at 125 cycles
Figure 1) shows battery capacity during 125 cycles tests of HPQ and Novacium Gen 1 18650 industrial battery [1].
English Image 2 at 125 Cycles
Figure 2) shows the capacity change during 125 cycles tests of HPQ and Novacium Gen 1 18650 industrial battery [1].
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