Umicore invests €300 million to boost capacity in cathode materials

By Charles Morris Materials technology specialist Umicore plans to invest €300 million ($328 million) between 2017 and 2019 to further increase its production of nickel-manganese-cobalt (NMC) cathode materials.
NMC is one of the most popular cathode materials for EV batteries, and global demand is increasing fast. The increased capacity will enable Umicore to respond …read more

Source:: https://chargedevs.com/newswire/umicore-invests-e300-million-to-boost-capacity-in-cathode-materials/