CBMM invests in British startup to accelerate business in electric batteries
With this investment, the British company will expand the production of these new materials, which have already been evaluated and approved by the main battery cell suppliers in the world, increasing its capacity to meet the rising demand for pre-production tests. The resources will be allocated to strengthen customer support and commercial and P&D operations.
In addition, CBMM has invested £1.9 million in a new pilot plant for the development of niobium technologies for electric batteries. The plant will be inaugurated this year and will be part of the Company’s industrial complex, located in Araxá, in the State of Minas Gerais.