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23 Mar

Umicore, PowerCo form battery materials JV in Belgium

Umicore and PowerCo announced on Thursday they’ve established a battery materials joint venture in Brussels after receiving EU regulatory clearance, Kallanish reports. The partnership unveiled last September will produce cathode active materials (CAM) and precursor materials in Europe to meet a large part of PowerCo’s future demand in the region. The large-scale production is expected to cover manufacturing of 160 gigawatt-hours cell capacity per year,…
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