Tuesday, August 24, 2021

Johnson Matthey Is Getting Deeper Into The Battery Biz (also Glencore; Oxford Uni. et al) JMAT.L

Johnson Matthey is a very interesting player in the energy transition metals but I frankly wasn't thinking big enough, just the platinum and palladium for hydrogen catalysts, whereas this news is a whole new ballgame.
From Reuters via Yahoo Finance: 
A group of seven British organisations including battery materials firm Johnson Matthey, start-up Britishvolt and Oxford University said on Thursday they had formed a consortium to develop solid-state batteries for electric vehicles.

The consortium will build a facility to develop prototypes and technologies for the mass production of solid-state batteries. It also includes the government-funded Faraday Institution, which aims to help UK businesses develop and manufacture EV batteries....

....MUCH MORE

The article goes on to note that Glencore signed a cobalt supply deal with Britishvolt.
Here's The Times, August 18: