Nano One Materials Corporation and Worley have entered into a strategic alliance
agreement and a 20-year license agreement for the purposes of developing, marketing,
licensing and rapidly deploying cathode active material production facilities for the energy
storage, transportation and mobility sectors.
Nano One’s proprietary One-Pot process will be incorporated into a holistic technology design
package. Worley will also design and fabricate the reactors, incorporating metal alloys that
Worley Chemetics specifies or designs for corrosive environments. Worley categorizes this
agreement as sustainable work.1
Nano One states that the One-Pot process makes high quality cathode materials at a lower
cost than traditional processes, with reduced environmental impact. The alliance is expected to
accelerate market access to lithium iron phosphate and other cathode chemistries and will
enable diversification of the supply chain. Global demand for cathode active material
production is projected to substantially increase2 over the course of this decade.
“We’re pleased to work with Nano One to bring the One-Pot process to market, which aligns
with our technology solutions strategy of commercializing and scaling technologies that
accelerate lower cost, lower carbon solutions,” said Chris Ashton, Chief Executive Officer of
Worley.
Authorized for release by Nuala O’Leary, Group Company Secretary.
