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About Nano One Materials
Company overview
Nano One Materials Corp., a publicly traded battery-materials technology company.
Vancouver, British Columbia, Canada
2011
What they do
Nano One develops and licenses manufacturing processes for lithium-ion battery cathode active materials, with a particular focus on lithium iron phosphate (LFP), rather than developing renewable-energy projects or operating a large global fleet of cathode-material plants (sources: nanoone.ca, nanoone.ca). Its patented One-Pot process is designed to combine manufacturing steps that are usually carried out separately, accommodate different raw-material inputs and support production closer to mines, battery-cell factories and end markets (source: nanoone.ca). The company positions this approach as a way to simplify plant design, reduce production costs, improve scalability and lessen dependence on concentrated international supply chains (source: nanoone.ca). LFP is used in electric vehicles, stationary energy-storage systems and other applications where safety, cycle life, cost and reduced reliance on nickel and cobalt are important; Nano One is also developing process capability for other cathode chemistries, although its recent commercialisation work has centred on LFP (sources: businesswire.com, proactiveinvestors.com). Its commercial offering can include process technology, engineering and plant-design support, customer qualification samples, licensing and joint development of cathode-production facilities, supported by a “Design-One-Build-Many” strategy for repeatable, modular plant designs (sources: theglobeandmail.com, proactiveinvestors.com). Its target markets include battery-cell manufacturers, automotive supply chains, energy-storage companies, defence-related users, raw-material businesses and industrial partners seeking regional cathode production; the company is working towards product validation, offtake, licensing and joint-development arrangements (sources: businesswire.com, finance.yahoo.com). Nano One’s portfolio includes more than 50 global patents, and its strategic collaborators include Sumitomo Metal Mining, Rio Tinto and Worley; the partnerships bring materials expertise, lithium qualification and supply-chain work, and international engineering and project-delivery capabilities (sources: nanoone.ca, nanoone.ca). The company is listed on the Toronto Stock Exchange as NANO, on the OTCQB as NNOMF and in Frankfurt as LBMB (source: businesswire.com).
Projects and track record
Nano One’s Innovation Centre in Burnaby, British Columbia, supports product development and process optimisation, while its Candiac facility in Québec houses pilot, demonstration and production activities (source: businesswire.com). Candiac has an existing demonstration and pilot line with approximately 200 tonnes per year of LFP cathode-material capacity, used for customer samples, product validation and small-volume offtakes, including work connected with defence and energy-storage customers (source: businesswire.com). The company is expanding the site to approximately 800 tonnes per annum; the upgraded facility is designed to demonstrate larger One-Pot reactors and integrate drying, calcining and packaging in an automated production flow, supporting larger samples, qualification and commercial sales (sources: stockwatch.com, businesswire.com, theglobeandmail.com). Following Sumitomo Metal Mining’s strategic investment in Nano One in 2023, the companies have worked on technical validation, economic modelling, product testing and LFP customer samples, and have explored a potential large-scale Canadian production facility subject to offtake, financing and government support (source: businesswire.com). Nano One and Worley signed licence and alliance agreements in May 2024 to develop, market and deploy cathode-plant designs combining Nano One’s process technology with Worley’s engineering and project-delivery capabilities (sources: nanoone.ca, proactiveinvestors.com). In 2025, lithium from Rio Tinto was pre-qualified for LFP cathode production, a step towards a more regionally integrated North American battery-materials supply chain (source: nanoone.ca). Rather than financing and owning every future plant itself, Nano One has described regional development companies, or “DevCos”, through which its technology and engineering services could be combined with partner capital, construction expertise and customer offtake (source: theglobeandmail.com).
Recent developments
In 2024, Nano One reported a US$12.9 million award from the U.S. Department of Defense in September, an $18 million award from the Government of Québec in December and a $2.8 million award from NGen in August for work with Worley; the programmes support LFP commercialisation, supply-chain development, plant expansion and industrial engineering (source: nanoone.ca). The company reported more than $63 million in cumulative non-dilutive capital since the beginning of 2024, including government grants and loans, sale-leaseback proceeds and land-sale proceeds (source: theglobeandmail.com). In 2025, it announced a C$5 million Government of Canada award to support Candiac’s capacity expansion and One-Pot LFP commercialisation, alongside lithium pre-qualification work with Rio Tinto, progress in its Sumitomo Metal Mining collaboration and selection to join U.S. ALTA (source: nanoone.ca). More recent updates have focused on customer sampling and validation at Candiac, with the existing line supporting samples and prospective-customer qualification while the planned larger line is intended to provide greater commercial-material volumes (source: businesswire.com). The Candiac expansion is also intended to support future plant-design licensing and joint-venture opportunities, while Nano One and Sumitomo Metal Mining continue work on LFP customer samples and the potential for larger-scale Canadian production (sources: theglobeandmail.com, businesswire.com).
Working there
Nano One’s work spans battery-materials research and industrial process engineering, with technical activities including materials chemistry, cathode synthesis, process development, scale-up, pilot-plant operations, chemical engineering, automation, quality control, analytical testing and manufacturing engineering (source: businesswire.com). Commercial and project-focused work can involve intellectual property, technology licensing, strategic partnerships, customer qualification, government programmes, project development, finance, investor relations, regulatory and environmental compliance, procurement and corporate operations (source: theglobeandmail.com). Its main work locations are Burnaby, British Columbia, for innovation and process development, and Candiac, Québec, for pilot, demonstration and production operations; projects also involve collaboration with industrial partners, government agencies and prospective customers (sources: businesswire.com, nanoone.ca). The company describes a technically experienced team with more than 15 years of commercial cathode-manufacturing experience supporting its Candiac activities (source: businesswire.com). For candidates, the distinctive opportunity is to work across the path from technical validation and demonstration operations through customer sampling, plant design, licensing and regional commercialisation; experience scaling chemical processes, qualifying battery materials or managing government-supported industrial projects is particularly relevant (sources: proactiveinvestors.com, businesswire.com).