Nano One Materials Corp. Announces Completion of One‑Pot LFP Cathode Package

Nano One Materials Corp. (TSX: NANO), a Canadian technology firm focused on high‑volume production of advanced battery materials, confirmed on June 25 2026 that it has successfully completed a One‑Pot lithium‑iron‑phosphate (LFP) cathode active material (CAM) package in partnership with Worley Chemetics. The achievement represents a key milestone in the company’s strategy to bring a de‑risked, cost‑competitive LFP production system to market within the first half of 2026.

What the Package Entails

The One‑Pot LFP CAM package is a turnkey solution that consolidates process design, engineering, building layout, and qualified equipment specifications into a single, integrated offering. It covers the inside‑battery‑limits (ISBL) scope of a One‑Pot LFP production line—the core equipment that transforms feedstock materials into the final cathode product. The package also includes qualified vendor quotes, capital and operating cost estimates, and a Class 3 cost estimate, positioning it as an affordable entry point for prospective licensees.

Nano One and Worley Chemetics have selected vendors from North America, Europe, and South Africa, ensuring that the equipment meets the company’s technical criteria while benefiting from a long history of reliable operation. The partnership leverages Worley’s extensive experience in designing and delivering chemical‑processing solutions worldwide, thereby providing customers with a proven path from design to production.

Strategic Implications

According to the company’s CEO, Alex Holmes, the completion “delivers on a key 2026 objective and positions us to bring a de‑risked, market‑ready offering to customers worldwide.” Holmes emphasized that future iterations of the CAM package will continue to deliver lower operating and capital costs as the One‑Pot process is refined. This aligns with the company’s broader vision of enabling at least 30 % lower total invested capital and up to 30 % lower operational costs compared with incumbent methods, while using up to 80 % less energy.

Worley’s President of Technology Solutions, Andrew Barr, highlighted the collaboration’s strength: “By combining Nano One’s One‑Pot process with Worley Chemetics’ technology commercialization and delivery track record, we are offering customers a de‑risked technology package they can take from design to production with confidence.” Barr’s remarks underscore the strategic value of Worley’s 60‑plus years of experience in chemical‑processing equipment and technology solutions.

Hybrid Configuration for Expanded Market Reach

In addition to the primary North‑American/European/South‑African configuration, Nano One and Worley are developing a second, hybrid CAM package that incorporates Chinese‑sourced equipment. This hybrid option is intended for jurisdictions where Chinese equipment is permissible or aligns with local incentives, thereby broadening the company’s geographical footprint and providing customers with greater sourcing flexibility.

Market Context

Nano One’s recent progress comes at a time when the global demand for LFP cathode materials is accelerating, driven by the expansion of electric‑vehicle (EV) fleets and energy‑storage deployments. The company’s focus on a high‑volume, industrial‑scale production process positions it to meet these market demands efficiently. Its current market capitalization stands at approximately 93 million CAD, with a recent closing price of 0.78 CAD as of June 25 2026. The company has already demonstrated the ability to achieve significant cost savings relative to traditional cathode manufacturing methods, a factor that could attract early adopters seeking to reduce capital and operating expenditures.

Looking Forward

With the One‑Pot LFP CAM package now complete and ready for market deployment, Nano One Materials Corp. is poised to advance its mission of delivering next‑generation battery materials at scale. The company will continue to refine its processes, expand its vendor network, and explore additional market segments where its de‑risked technology can provide tangible value. As the EV and renewable‑energy sectors evolve, Nano One’s innovations in cathode manufacturing are likely to play a critical role in shaping the next wave of sustainable energy solutions.