Notícias Economy
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Published in 12/12/2024 11:31h
CBMM, a global leader in the production and marketing of Niobium products, has officially opened the world’s first volume manufacturing facility dedicated to the production of Echion Technologies’ proprietary XNO® ultra-fast charging active anode material technology. The new facility, located in Araxá (MG), is the largest Niobium-based anode production facility in the world, with a production capacity of 2,000 tons per year of XNO®, equivalent to 1 GWh of lithium-ion cells.
This facility allows Echion to produce XNO® on a large scale to meet the global demand for the product. The strategic partnership between CBMM and Echion ensures a robust and reliable supply chain for XNO®.
A ribbon-cutting ceremony was held to mark the inauguration of the new plant, attended by CBMM, Echion, customers, authorities, government representatives, and the press.
The inauguration is a significant milestone in the strategic partnership between CBMM and Echion Technologies and represents a major step forward in the companies’ joint goal of expanding the use of Niobium in battery production. In addition to driving technological innovation, the new plant reflects CBMM’s commitment to contributing to a more sustainable future through advanced technologies.
The Niobium-based anode material, a technology called XNO®, allows lithium-ion batteries to be charged ultra-fast and safely, maintaining high densities even at extreme temperatures, in addition to providing high power, with a useful life of more than 10,000 cycles. XNO® was specifically designed to enable heavy industrial, commercial and transportation vehicles to operate with high productivity and present the lowest total cost of ownership.
CBMM has set a goal of achieving 30% of its revenue from non-steel products by 2030. Annually, the Company invests R$250 million in its Technology Program. This partnership with Echion is essential to maximize the potential of new materials, focusing on the development of anodes that incorporate Niobium, increasing the efficiency and durability of batteries. As part of its strategic growth plan, CBMM aims to reach a capacity of 20 thousand tons of Niobium oxide for batteries by 2030.
Source: CBMM
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