EIB grants € 125 million loan to support Umicore’s European rechargeable battery materials activities
Umicore has concluded a € 125 million loan agreement with the European Investment Bank (EIB). The proceeds of the loan, which has a maturity of eight years, will finance part of Umicore’s investment in the cathode materials plant in Nysa, Poland. Once completed, this greenfield plant will supply the European operations of Umicore&...