08:36 AM EDT, 10/09/2025 (MT Newswires) -- NEO Battery Materials ( NBMFF ) said Thursday it has secured a site to establish battery cell manufacturing capabilities and scale-up silicon battery material production and research operations.

The site is located next to an operational electrode manufacturing facility in South Korea and comprises six vacant industrial buildings on 2.5 acres with an additional 0.8 acres designated for future expansion.

The expansion site will be used to establish NEO's new Battery Innovation Platform, which will design and manufacture high-performance, customized battery solutions for drones, robotics, and AI-enabled electronics. One building will be devoted to produce 20 tons of silicon battery material a year.

"By integrating end-to-end battery value chain capabilities, NEO aims to reduce reliance on outsourced manufacturing, shorten product development timelines, and enhance quality control over the materials, electrodes, and cells supplied to customers. This vertical integration effort will allow the company to become a reliable, high-quality one-stop shop or a Battery Foundry in the Western and North American supply chain," said Seok Joung Youn, head of manufacturing & facility operations.