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ASX-listed Poseidon Nickel on Friday reported that negotiations between its partner Pure Battery Technologies (PBT) and the Department of Industry, Science and Resources over a conditional A$119.6-million grant under the Modern Manufacturing Initiative (MMI) had failed. PBT was last year tapped as the recipient of a A$119.6-million grant for its A$399-million Western Australian precursor Cathode Active Material (pCAM) hub, in partnership with Poseidon Nickel, where it was planning build an integrated nickel manganese cobalt battery material refinery hub in the Kalgoorlie region.

VANCOUVER, BC / ACCESSWIRE / May 17, 2023 / (TSX:NANO)(OTC PINK:NNOMF)(Frankfurt:LBMB)Highlights:Nano One successfully completed phase two of co-development work with the world's leading supplier of Niobium

Successful Completion of Phase Two of Co-Development Agreement with ...

Nano One Materials Corp (TSX:NANO, OTC:NNOMF) said phase two of the advanced lithium-ion battery cathode materials coating co-development project with CBMM,...

High points in the report include the opening of the first Ultium battery plant in Warren, Ohio, working with suppliers to obtain low-carbon-dioxide steel and aluminum, and a series of grants to non-profits in various sustainability efforts. Find out more at TheDetroitBureau.com.