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BASF and Norilsk Nickel to cooperate on materials for lithium-ion batteries

On June 27, BASF and PJSC MMC Norilsk Nickel (Nornickel) announced a Memorandum of Understanding and exclusive negotiations to cooperate on the supply of raw materials for future battery materials production for lithium-ion batteries in Europe.
BASF will invest up to EUR 400 million in a first step to build industry....

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