Fabled Silver Gold Corp T.FCO

Umicore to invest to expand NMC cathode materials

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Umicore to invest 160m to expand capacity of NMC cathode materials...."Belgian materials technology firm Umicore is planning to expand its production capacity for nickel manganese cobalt (NMC) cathode materials in China and South Korea. The expansion will involve an investment of 160m over a period of three years at the company's existing facilities at Cheonan, South Korea; and Jiangmen, China, as well as new investments on land adjacent to the facilities in both locations." ---https://www.chemicals-technology.com/news/newsumicore-to-invest-160m-to-expand-capacity-of-nmc-cathode-materials-4876539