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materials technology

Umicore secures EIB funding to develop European lithium-ion battery cathode plant

Mon, 06/15/2020 - 10:09 -- Paul Crompton

Materials technology firm Umicore has finalised a €125 million ($141 million) loan agreement with the European Investment Bank (EIB) as it looks to develop a lithium-ion battery cathode plant in Europe.

The proceeds of the loan, which has a maturity of eight years, will finance part of the Belgium firm’s investment in the cathode materials plant in Nysa. 

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Umicore expands NMC materials production in Asia

Fri, 05/20/2016 - 13:59 -- Paul Crompton
Umicore expands NMC materials production in Asia

Belgium-based materials technology giant Umicore will spend $181 million on expanding its nickel manganese cobalt (NMC) production facilities in China and South Korea.

The expansion, which will mean total capacity will triple within three years, is in answer to the surge in demand for materials used in hybrid and electric vehicles, the company says.

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Materials start-up closes latest financing round

Wed, 07/08/2015 - 09:33 -- Paul Crompton
Materials start-up closes latest financing round

Australian materials technology start-up Nano-Nouvelle has closed its multi million dollar Series C Financing to support development and commercialisation of its Nanode™ technology.

The $3.7 million (US$2.84million) investment was led by Terra Rossa Capital with substantial participation from cleantech investor Simon Hackett, Bradley Maguire aand nine others.

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