As the race to secure critical battery materials intensifies, Nano One Materials Corp. is firmly positioning itself at the forefront of localized, sustainable lithium iron phosphate (LFP) cathode production. With global LFP demand projected to grow fivefold outside of China by 2035, Nano One’s innovative One-Pot™ Process offers a scalable, easy-to-permit solution poised to reshape the global battery materials market.
“The key to capturing market share lies in process innovation,” said Dan Blondal, CEO of Nano One. “Our One-Pot Process eliminates wastewater, cuts costs, and avoids dependence on China’s iron sulphate, enabling truly localized, sustainable LFP production.
Cited in the International Energy Agency’s 2025 Global Critical Minerals Outlook as a top LFP innovator, Nano One is praised for its alternative methods that reduce reliance on China, which currently controls 95% of global LFP capacity. The company’s Québec-based pilot plant is the only LFP production facility of its kind outside Asia, giving it a strategic advantage amid rising geopolitical concerns and policy shifts toward supply chain independence.
According to Bloomberg New Energy Finance (BNEF), LFP will capture over 50% of global cathode demand by 2035, with the rest of the world expected to outpace China in LFP usage. Governments across North America and Europe are aligning to support this shift. Canada’s 2025 G7 presidency led to the Global Critical Minerals Action Plan, committing to public-private investment in resilient mineral supply chains.
Nano One’s “design-one-build-many” licensing model and vertical integration of precursor and cathode production enable rapid deployment of low-emission LFP plants across global markets. Strategic collaborations with Rio Tinto, Sumitomo Metal Mining, and Worley strengthen its global outreach.
We’re not just advancing a technology — we’re building a solution for energy security, industrial growth, and supply chain resilience,” Blondal added.
With commercial licensing underway and growing global interest, Nano One is targeting first agreements in North America, Europe, and the Indo-Pacific, aiming to deliver on the urgent global call for sustainable, secure, and cost-effective battery material production.
