Nano One said it will use the equity investment to accelerate its battery-materials business and meet emerging demand in Japan, North America and potentially Europe or Asian countries outside of China. (The Logic)
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Nano One said it will use the equity investment to accelerate its battery-materials business and meet emerging demand in Japan, North America and potentially Europe or Asian countries outside of China. (The Logic)
Talking point: The deal comes on the heels of Panasonic’s latest battery-materials agreement with Quebec’s Nouveau Monde Graphite, and as Canada tries to forge a national partnership with Japan, which is home to some of the globe’s most powerful electronics and automotive firms. Sumitomo Metal Mining, which has been in the copper smelting business for about 430 years, has been a longtime leader in making metal products that improve battery range, Nano One said.
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