MOSCOW (Reuters) - Russian metals producer Nornickel said on Monday it had signed a long-term agreement to supply nickel and cobalt to chemicals company Johnson Matthey to produce materials used to make electric vehicle (EV) batteries.
Nornickel, one of the world's largest producers of nickel, said last week it would boost output of nickel products at its Harjavalta refinery in Finland, betting on an expanding market for battery materials for EVs in Europe.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!