![]() "Natron is incredibly grateful for the support of the Canton of Valais, which was instrumental in helping us achieve the milestone of mass production," said Wessells. The Swiss Canton of Valais provided support for construction of the Arxada Prussian blue facility, and has been a leader in attracting battery materials manufacturing, increasing local employment, and helping reduce global carbon emissions. By collaborating with Arxada, Natron can provide cost-effective battery products, manufactured in the US." The current market for Li-ion materials and batteries is increasingly challenged by limited supply of critical minerals. Our customers in the data center, UPS, and energy storage markets are eager for Natron to scale and deliver the product quickly. The Prussian blue supplied by Arxada will be transformed in our Holland, Michigan, US factory into UL-listed sodium-ion battery products. "Natron and Arxada have worked extremely hard to reach our goal of 600 MW of annual production capacity and we are thrilled to have achieved this milestone together. Natron batteries do not require mined ore or rare minerals, removing these carbon intensive feedstocks from our products and reducing strain on industrial customer ESG compliance initiatives. Natron’s battery grade Prussian blue material can be manufactured at high volume and low cost in existing fine chemicals plants. This composition results in breakthrough battery performance, allowing full charge and discharge in minutes for tens of thousands of cycles. Battery grade Prussian blue has a unique chemical composition that is different from the common pigment utilized in blue jeans and paint. Natron is the world leader in sodium-ion batteries based on their patented Prussian blue technology, and the only company shipping UL-listed sodium-ion products in the marketplace today. The Prussian blue supplied by Arxada will be transformed into UL-listed sodium-ion battery products at Natron's Holland, Michigan factory in the United States. View source version on businesswire.Natron Energy CEO Colin Wessells stands next to battery-grade Prussian blue at Arxada's facility in Visp, Switzerland. Learn more about Natron and its sodium-ion technology at Natron.energy. Natron builds its batteries using commodity materials on existing cell manufacturing lines in Michigan, USA. Natron’s products are UL 1973 listed, offer higher power density, faster recharge, and significantly longer cycle life than incumbent technologies. Natron’s mission is to transform industrial and grid energy storage markets by providing customers with lower-cost, longer-lasting, more efficient, safer batteries. Natron Energy manufactures sodium-ion battery products based on a unique Prussian blue electrode chemistry for a wide variety of industrial power applications ranging from critical backup power systems to EV fast charging and behind-the-meter applications. The Mercuria investment comes on the heels of similar investments in Natron from Liberty Energy, Inc. Mercuria’s investment will accelerate our plans for the world’s first mass production of sodium-ion batteries." This is the third such investment in Natron in the last four months, consistent with market enthusiasm for our technology. "We look forward to working together with its team and stakeholders at Natron to advance the mass production of sodium-ion batteries, which are a needed energy transition storage solution."Ĭolin Wessells, Natron Co-Founder, and CEO said, "Mercuria’s investment bolsters Natron’s expansion into oil and gas and alternative energy markets and advances carbon reduction initiatives in the oilfield and elsewhere. "We are enthusiastic about our investment in Natron to advance carbon reduction initiatives," said Jean-François Steels, Vice President of Energy Transition at Mercuria. The supply chain for Natron’s sodium-ion batteries requires zero lithium, cobalt, copper, nickel, or other minerals that are difficult to source. Natron’s Prussian blue sodium-ion technology offers higher power density, longer life, and superior safety characteristics that make it uniquely suited for applications in energy markets. Natron plans to use the funds to accelerate the production of its sodium-ion batteries, which furthers Mercuria’s continued investment in the energy transition. The investment will further Natron’s development of sodium-ion battery technology as an energy storage solution for global energy markets. SANTA CLARA, Calif., November 14, 2022-( BUSINESS WIRE)-Mercuria, one of the world’s largest independent energy and commodities groups, today announced an investment in Natron Energy, the global leader in the manufacturing of sodium-ion batteries.
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