Johnson Matthey to exit battery materials business; increased commoditization, lower returns

Green Car Congress
By mmillikinNov 11, 2021, 8:32 am420 pts
Johnson Matthey (JM) has been working to commercialize its eLNO range of high-nickel cathode materials (earlier post), principally for the automotive industry. Following a detailed review and ahead of reaching a number of critical investment milestones, the company has concluded that the potential returns from…

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