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Wednesday, February 07, 2024 12:46:44 PM
Johnson Matthey Plc (LON:JMAT), or JM, has agreed to sell a portion of its Battery Materials business to chemicals and cathode active materials producer EV Metals Group Plc (EVM) for GBP 50 million (USD 63m/EUR 59m) in cash plus a minority equity stake in the buyer.
The British speciality chemicals and sustainable technologies company is selling to EVM the assets at the Battery Technology Centre in Oxford & Battery Technology Centre and pilot plant in Billingham, a research centre in Moosburg, Germany and the partly constructed site in Konin, Poland. The sale to EVM also includes JM’s eLNO technology.
https://renewablesnow.com/news/johnson-matthey-to-sell-battery-materials-business-to-ev-metals-785988/
Jacob A Warnock ????
IF THERE IS ONE THING I AM SURE ABOUT IS I AM USUALLY WRONG
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