Under this collaboration, NEO Battery Materials will jointly develop silicon anode products by integrating INNOX eco-M's high-purity recycled silicon and silicon-oxide powders as the raw material. Main collaboration priorities will include: The collaboration is also expected to contribute towards a more circular economy with improved supply chain resiliency. With most silicon sources manufactured in China, INNOX eco-M will help NEO Battery Materials diversify its supply chain dependency and secure a long-term, low-cost supply of silicon inputs. INNOX eco-M supplies various manufacturing companies in the battery and chemical materials industry.