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Sumitomo Metal invests $12.5M in Nano One

Japanese cathode active materials (CAM) company Sumitomo Metal is making a multimillion-dollar strategic investment in Canadian tech company Nano One.

Georgia Williams
The One Pot technology will lead to lower-cost CAM production with the added benefit of reduced environmental impacts. Photo: Nano One

The One Pot technology will lead to lower-cost CAM production with the added benefit of reduced environmental impacts. Photo: Nano One

The US$12.5 million (C$16.9M) will fund the development of a manufacturing technology for lithium-ion battery cathode materials needed for electric vehicles. CAM is described as one of the four primary...

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