 NEO Battery Materials Ltd CVE:NBM OTCMKTS:NBMFF FRA:1BC revealed that it has struck a Memorandum of Understanding MoU with Ferroglobe Innovation FGI, a subsidiary of Ferroglobe PLC NASDAQ:GSM FRA:5FG, a top global supplier of silicon metal, silicon-based and manganese-based specialty alloys and ferroalloys. The Vancouver battery metals resource company said the two firms entered into a non-disclosure agreement NDA in April and have advanced discussions regarding the development of silicon powders and anode materials. 