Nano One study looks to tenfold boost in capacity for LFP facility

Nano One study looks to tenfold boost in capacity for LFP facility

Nano One study looks to tenfold boost in capacity for LFP facility 1000 560 Energy Storage Journal

October 26, 2023: Nano One said on October 23 a pre-feasibility study indicates the firm could realize an estimated 10-fold increase in production capacity at its lithium iron phosphate cells facility in Quebec.

The front-end loading (FEL) 2 study, with engineering firm Hatch, says Nano One could add 25,000 tonnes per annum of LFP production at an expanded Candiac plant — boosting the value of its proprietary One-Pot process.

CEO Dan Blondal said capacity could potentially be increased in two stages to meet demand, supporting about 12.5GWh of LFP cell manufacturing and increasing production capacity from the existing 2,400tpa by expanding the Candia facility from 80,000ft2 to 167,000ft2.

Once operating at full capacity the expanded facility could generate roughly $450 million in economic activity in Québec in the first five years, Nano One said.

COO Alex Holmes said the FEL 2 results would be factored into an additional study, FEL 3, which will consider the potential construction of a completely new plant for further expansion and options for joint ventures.

Holmes said the FEL 3 study is out for tender and should start in November, concluding in the third quarter of 2024.

In February, Nano One said it had completed a key milestone in its cathode materials and techno-economic modelling process with an unnamed global auto manufacturer.

The benchmarking, achieved under a cathode evaluation agreement between the firms, meant that LFP batteries would be added to the research program.

Last month, Sumitomo Metal Mining announced a C$16.9 million ($12.5 million) investment in Nano One as part of a new battery materials development partnership.

The firms said the equity investment boost was part of a collaboration that would have a particular focus on LFP and NMC production.