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Area Development - Site Selection, Facility Planning and Workforce Development

NEO Battery Materials Plans Windsor, Ontario, Canada, Silicon Anode Operations

01/28/2025
NEO Battery Materials Ltd., a low-cost silicon anode materials developer, plans to establish operations in Windsor, Ontario, Canada. The approximately $47.8 million project is expected to create 100 jobs.

The investment will include the construction of a new silicon anode facility, located on eight acres of surplus lands at Windsor Airport and capable of producing 5,000 tons of silicon anodes annually.

“The execution of the Agreement represents a transformative milestone for NEO Battery Materials and the Canadian and Ontario battery ecosystem,” Mr. Spencer Huh, Director, President and CEO of NEO said. “We are proud to be establishing Canada’s first advanced silicon anode manufacturing facility, enabling us to address the increasing demand for high-performance and cost-effective battery technologies. With a significant investment in the Windsor community, NEO will further bolster Ontario’s clean tech sector and strengthen Canada’s growing leadership in the battery supply chain.”

With an initial term of 49 years, the Agreement includes tax incentives and favorable lease terms. Through a Community Improvement Plan, Windsor City Council has approved, in principle, a grant for NEO Battery Materials to support the project.

“We are thrilled to welcome NEO Battery Materials to Windsor-Essex, a testament to our region’s strategic location and prominence as a global leader in next-generation vehicle production and battery manufacturing,” noted Joe Goncalves, Vice President of Investment Attraction & Strategic Initiatives at Invest WindsorEssex,. “We are proud to support NEO Battery Materials in establishing their innovative operations here and look forward to their continued growth and impact in our community.”

NEO Battery Materials is a Canadian battery materials technology company focused on developing silicon anode materials for lithium-ion batteries in electric vehicles, electronics, and energy storage systems.

Creating a thriving innovation ecosystem in Windsor-Essex comes from collaborations with teams like NEO Battery Materials,” added Tom Schnekenburger, Director of Research Partnerships at the University of Windsor,. “These projects are crucial to developing a world-class talent pool and critical to advancing R&D and material discovery.”

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