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EIB supports Umicore, Belgium for R&D in EV battery materials

On February 7, Umicore concluded a EUR 350 million, eight-year-maturity loan with the European Investment Bank (EIB). The proceeds will be dedicated to fund part of Umicore’s European research, development, and innovation (RDI) in rechargeable battery materials technologies for electric vehicles (EV) and the recyclin....

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