Johnson Matthey to invest £200m in battery material technology

September 21, 2017

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Johnson Matthey said it will invest an initial £200-million in expanding its battery material technology business from 2018, aiming to capitalise on growth in the electric vehicle market. The specialty chemicals company said the overall market “could be (worth) more than $30-billion (in) sales when battery electric vehicle penetration increases to around 10%.”

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