Koichi Yamaguchi, Senior Managing Executive Officer and...

Koichi Yamaguchi, Senior Managing Executive Officer and President & CEO for the Americas of Sojitz Corporation said, “Sojitz, as one of CBMM's shareholders and CBMM's sole agent for the Japanese market, has been building a stable raw material supply system and cultivating applications. Through this demonstration, we are very confident that the NTO battery brings the market a new solution for the electrification of the mobilities and other applications. Taking advantage of our global sales networks and an operational presence in a wide range of industries, we, Sojitz, will play major roles in the project with regards to supply chain management as well as accelerating business development including sales activities.

Rogério Ribas, Technical Head of Battery Program at CBMM said, “The use of niobium oxide in the anode of lithium-ion batteries brings special characteristics for this component. As it hosts lithium at an inherently stable voltage, it provides safer and more efficient operation. In addition, due to its open crystalline structure, which facilitates the intercalation of lithium, it allows a full recharge in less than 10 minutes, without causing damage to the battery. Due to these unique characteristics, niobium-containing batteries are safer and have a much longer lifespan than traditional batteries”.

...some of the commentary from this morning's presentation...may be another derisking event which is very significant.