MINING INDABA: Panasonic eyes upstream investment in battery raw materials

By IM Staff
Published: Wednesday, 06 February 2019

Japan’s Panasonic is considering investing in the upstream part of the battery raw materials industry in order to have better oversight of quality, pricing and supply chain responsibility, a company executive said.

The move has been led by the company’s growing consumption of raw materials for batteries due to rapid growth in demand for electric vehicles (EVs), Kazunori Tanaka, general manager of the group's electronic device materials department, said.

"The chain is longer, so to understand and control the chain is not...

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