In recent weeks, Umicore signed a long-term agreement with a battery venture backed by Mercedes-Benz Group AG to supply cathode materials to plants in Europe. The company struck a similar deal with German car giant Volkswagen AG in late 2021. Prior to the pandemic, Umicore entered into a multi-year agreement to supply LG Chem facilities in Poland, South Korea and China.LG Chem listed its battery manufacturing arm, LG Energy Solution, in a January initial public offering that raised US$ 10. 8bil(
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2022-05-06 00:00:00.0