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Batteries charging ahead with a positive jolt for the markets

Tue, 06/04/2019 - 09:53 -- John Shepherd

It’s an upbeat battery industry world we reported on over the past week— despite gloomy markets. But optimism does not wait on facts it deals with prospects. So said the late American political journalist and professor Norman Cousins.

The top story in the latest edition of BEST Battery Briefing is a case in point. The UK’s Johnson Matthey is ramping up investment to commercialise its enhanced lithium nickel oxide (eLNO) material, despite Brexit. 

The 'B' word still dominates the UK’s business agenda— more so with a race under way to find the next prime minister. But Johnson Matthey says it is “comfortable” with its commercial agenda, even if the UK leaves the EU without a deal.

In Asia, SK Innovation is pledging to bring “new” battery tech to market, despite being embroiled in a dispute with Korean rival LG Chem and coming under scrutiny from US trade chiefs.

Meanwhile, Indian lead producer Gravita is expanding in Africa, German lithium developer BMZ is doing the same in the US and Umicore has tightened its grip on the materials supply chain.

It’s not all gloom and doom out there!