Northcliff Reports on Critical Metal Technology Advances Faster Charging of Batteries
Northcliff Reports on Critical Metal
Technology Advances Faster Charging of
Batteries
VANCOUVER, BC
,
Oct. 11, 2022
/CNW/ - Northcliff Resources Ltd. ("Northcliff" or the "Company")
(TSX: NCF) is pleased to report on new and interesting technology advancements using tungsten
that could lead to faster charging of batteries, potentially solving a key hindrance in the transition to
a greener economy.
Nyobolt Limited ("Nyobolt") is commercializing lithium-ion batteries with record power density and
ultra-fast charge capabilities. Nyobolt's technology builds on a decade of fast charge lithium-ion
battery research led by
University of Cambridge
battery scientist Professor Dame
Clare Grey
.
Nyobolt's unique niobium and
tungsten
-based anode systems show superior performance over
other Li-ion anode technologies. Advantages include:
Charging time: >90% charged in <5 minutes
Higher input power density: 10x power addresses range anxiety and allows for smaller and
lighter batteries
Longer durability: 10x durability resulting in lower total cost of ownership for battery lifetime
Improved safety: wider temperature performance and reduced fire risk
Such capabilities enable new applications and enhanced customer experience with target end uses
being high performance and industrial vehicles, automation (robotics), consumer appliances,
cordless tools, stationary storage and mobile rapid charging
1
.
Researchers at the Department of Energy's Oak Ridge National Laboratory and the
University of
Tennessee, Knoxville
, discovered a key material needed for fast-charging lithium-ion batteries. The
commercially relevant approach opens a potential pathway to improve charging speeds for electric
vehicles. Results published in
Advanced Energy Materials
demonstrate a novel fast-charging battery
anode material achieved by using a scalable synthesis method. The team discovered a novel
compound of
molybdenum-tungsten
-niobate, or MWNO, with fast rechargeability and high
efficiency that could potentially replace graphite in commercial batteries
2
.
Andrew Ing
, Northcliff's CEO, states "We are encouraged by the development of these technologies
that may play an important part in the energy transition, further signifying the critical importance of
tungsten and molybdenum. Tungsten and molybdenum are listed as critical metal in
Canada
,
tungsten in
the United States
and numerous other countries, and successful commercialisation of the
new technology could positively impact the demand for tungsten and molybdenum."
About Northcliff Resources Ltd.
Northcliff is a mineral resource company focused on advancing the feasibility-stage Sisson tungsten-
molybdenum project located in
New Brunswick, Canada
, to production. Additional information on
Northcliff is available on the website at
www.northcliffresources.com
. Investor services can be
reached at (604) 684-6365 or within
North America
at 1-800-667-2114.
Andrew Ing
President & CEO
Forward-Looking Information
This news release contains forward-looking information based on current expectations. Forward-
looking information is provided for the purpose of presenting information about management's
current expectations and plans relating to the future and readers are cautioned that such statements
may not be appropriate for other purposes. Forward looking information may include, without
limitation, the opinions or beliefs of management, prospects, opportunities, priorities, targets, goals,
ongoing objectives, milestones, strategies, and outlook of Northcliff, and includes statements about,
among other things, future developments, the future operations, strengths and strategy of Northcliff.
Generally, forward looking information can be identified by the use of forward looking terminology
such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates",
"forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such
words and phrases or state that certain actions, events or results "may", "could", "would", "might" or
"will be taken", "occur" or "be achieved". These statements should not be read as guarantees of
future performance or results. These statements are based upon certain material factors,
assumptions and analyses that were applied in drawing a conclusion or making a forecast or
projection, including Northcliff's experience and perceptions of historical trends, the ability of
Northcliff to maximize shareholder value, current conditions and expected future developments, as
well as other factors that are believed to be reasonable in the circumstances.
Although such statements are based on management's reasonable assumptions at the date such
statements are made, there can be no assurance that it will be completed on the terms described
above and that such forward-looking information will prove to be accurate, as actual results and
future events could differ materially from those anticipated in such forward-looking information.
Accordingly, readers should not place undue reliance on the forward-looking information. Northcliff
assumes no responsibility to update or revise forward-looking information to reflect new events or
circumstances unless required by applicable law.
For additional information regarding forward-looking statements and their related risks, please refer
to the "Risk Factors" section in the Annual Information Form of the Company for the year ended on
October 31, 2021
, which is available on the Company's SEDAR profile at
www.sedar.com
.
_____________________
1
https://www.hcstarck.com/en/h-c-starck-invests-in-nyobolt-an-ultra-fast-charging-ultra-high-power-density-battery-business/
2
https://techxplore.com/news/2022-09-lithium-ion-battery-material-barrier-fast.html
SOURCE
Northcliff Resources Ltd.
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For further information:
Northcliff Resources Ltd. 15th Floor - 1040 W. Georgia St., Vancouver
BC V6E 4H1 Canada, T 604.684.6365; TF 1800.667.2114; F 604.639.9209, northcliffresources.com
CO: Northcliff Resources Ltd.
CNW 07:45e 11-OCT-22