BEST Magazine
22 May 2026
HPQ-backed Novacium signs Asian battery supply LOI
Why It Matters for ITAD
Market movements like this can signal shifts in demand for ITAD services. New technologies may create opportunities or challenges for equipment processing.
French battery technology company Novacium has signed a letter of intent (LOI) with China’s GH Technologies covering the potential supply and distribution of silicon-anode lithium-ion cells and batteries across Asia-Pacific markets. The agreement was announced by Canadian materials company HPQ Silicon, which holds a 36.8% stake in Novacium and exclusive North American rights to the…
Key Takeaways
- • HPQ-backed Novacium signs Asian battery supply LOI.
