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Will set foundation to supply battery cell producers for electric vehicles in Europe.
June 29, 2017
By: DAVID SAVASTANO
Editor, Ink World Magazine
BASF and PJSC MMC Norilsk Nickel (Nornickel) have signed a Memorandum of Understanding and entered exclusive negotiations to cooperate on the supply of raw materials for future battery materials production for lithium-ion batteries in Europe. BASF intends to invest up to €400 million in a first step to build production plants for cathode materials in Europe. Through the prospective agreement, BASF would receive the raw materials from the Nornickel metal refinery in Harjavalta, Finland. N...
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