26
Sep
15:41
Sumitomo Metal Mining invests in Nano One to advance battery ecosystem
Sumitomo Metal Mining and Nano One, a clean technology company based in Canada, have entered into a collaboration agreement that supports battery ecosystem development.
As part of the agreement, Tokyo-based SMM is making a CAD 16.9 million ($12.5m) equity investment into Nano One. On closing, which is expected within 30 days, Nano One will issue nearly 5.5m common shares. The firms will explore opportunities for business development together, including long-term p…
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Very good overview of the weekly steel market.
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