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Johnson Matthey has signed a Memorandum of Understanding with Stena Recycling Group to create a sustainable value chain for lithium-ion battery recycling in Europe. This partnership aligns with the growing demand for recycling, projected to rise ten-fold by 2030 due to the increasing use of electric vehicles. The collaboration aims to enhance the recycling process and produce refined materials for battery manufacturing, promoting circularity in the supply chain. Both companies emphasize the importance of this initiative in achieving net-zero emissions and supporting a sustainable future.
Johnson Matthey (JM) announced strategic developments in sustainable technologies, focusing on its eLNO nickel-rich advanced cathode materials. A partnership with Finnish Minerals Group will support a second commercial plant in Vaasa, Finland, powered by renewable energy. JM secured a long-term supply of nickel, cobalt, and lithium hydroxide from Nornickel and SQM, establishing a sustainable battery materials supply chain. The planned plant will have a capacity of 30kT and aims to address the forecasted raw material deficits for electric vehicles, enhancing JM's market position.
The European project IMMORTAL has been launched to advance fuel cell technology for heavy-duty trucks, supported by a €3.8 million funding from the European Fuel Cells and Hydrogen Joint Undertaking. Coordinated by CNRS in France, the consortium includes industry leaders such as Johnson Matthey, Bosch, FPT Industrial, and AVL. The initiative aims to develop new materials for fuel cells, enhancing performance and durability for long-haul trucking. With a projected lifespan of over 30,000 hours, this project is pivotal for decarbonizing freight transport and achieving EU emissions targets by 2050.
Johnson Matthey and Sibanye-Stillwater formed a strategic partnership to develop sustainable technologies and secure critical metals supply chains for a low carbon future. This collaboration aims to enhance clean hydrogen production and fuel cells, addressing climate change challenges. Johnson Matthey focuses on pgms and battery technology, while Sibanye-Stillwater is a major pgm producer. Their partnership will enhance recycling processes and technology development, ensuring long-term sustainable supply for various global industries.
Johnson Matthey (JM) has entered a strategic partnership with Envision Virgin Racing to co-develop the first two-seater electric race car powered by JM's eLNO battery cathode materials. This collaboration marks a significant step in the commercialization of eLNO, showcasing JM's technology in the ABB FIA Formula E World Championship, which features exclusively electric vehicles. The multi-year sponsorship aligns with the team's 'Race Against Climate Change' initiative, emphasizing a shared vision for a sustainable future.