NEO Battery Materials Ltd., a developer of low-cost silicon anode materials for lithium-ion batteries, has entered into a collaboration agreement with Elementium Materials Inc., an advanced battery electrolyte technology company, as of March 31, 2025.
Electrolytes play a vital role in battery performance by facilitating the transport of lithium ions between the anode and cathode during charging and discharging cycles. Traditional electrolytes often encounter challenges such as corrosion, oxidation, and the formation of toxic gases. Elementium has developed advanced electrolyte formulations designed to enhance battery stability, material durability, and overall safety.
Under the terms of the agreement, NEO will integrate Elementium’s advanced electrolytes into its silicon battery platform, targeting specialized commercial applications. The collaboration aims to improve key electrochemical performance metrics, with a particular focus on ultra-fast charging and discharging capabilities. This initiative is part of NEO’s broader strategy to incorporate complementary technologies, thereby enabling the integration of silicon batteries into a wider range of downstream markets.
Mr. Spencer Huh, CEO & President of NEO, expressed, “High-demand, emerging downstream markets – such as power tools, humanoid robots, drone/UAV, and aerospace systems – require high-specification batteries in which silicon anodes and advanced electrolytes are indispensable components. Through this collaboration, NEO and Elementium are confident to deliver solutions that address these increasingly stringent performance needs.”
Dr. Matthew Dawson, CEO of Elementium, commented, We’re seeing strong market demand for high-performance silicon anode batteries. Elementium’s next-generation electrolyte unlocks the incredible potential of silicon batteries, and we are pleased to partner with NEO, one of the world’s leading silicon anode suppliers.”
Elementium Materials Inc. specializes in developing and scaling novel electrolyte formulations for advanced lithium-ion batteries, focusing on enhancing safety, stability, and compatibility with emerging anode and cathode materials, including silicon, manganese-rich, and high-nickel electrodes. Based in Boston, MA, Elementium collaborates with leading battery manufacturers and global end-users to promote high-performance, cost-effective energy storage solutions.
NEO Battery Materials is committed to developing silicon anode materials for lithium-ion batteries used in electric vehicles, electronics, and energy storage systems. Utilizing a patent-protected, low-cost manufacturing process, NEO Battery Materials enables the production of longer-lasting and ultra-fast charging batteries, positioning itself as a global leader in silicon anode production for the EV and energy storage sectors.
Source: NEO Battery Materials
