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Capital boost for Oregon NiZn battery firm

Mon, 01/22/2018 - 12:36 -- Xuan Zhong
Capital boost for Oregon NiZn battery firm

US nickel-zinc technology company ZincFive has secured a further $11 million in funding to expand its battery storage business.

The Oregon-based company— which also has battery operations in Shenzhen, China— said the financial shot in the arm from existing shareholders paves the way for an “aggressive expansion” of its business including battery manufacturing.

 

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