Advanced materials technology company Sylvatex (SVX) announced a new proprietary waterless production method that delivers premium EV-grade cathode active materials (CAM) at lower costs and that allows for a broader material input supply base to enable demand growth.

The company expects that its simpler and more sustainable approach to CAM production can enable a 25% reduction in CAM cost, a 40% reduction in plant capital requirements, and up to an 80% reduction in energy usage.