FPX Nickel inks battery supply chain MoU with Japanese companies

- FPX Nickel announced Friday that on September 21, it signed a non-binding memorandum of understanding with Japan’s JOGMEC and Prime Planet Energy & Solutions , a JV between Toyota and Panasonic.

On top of that, under the terms of the MoU, FPX, PPES and JOGMEC will work collaboratively to share technical information and expertise, and to explore potential strategic arrangements and business structures. President and CEO Martin Turenne said, “We are pleased to initiate this MoU with PPES and JOGMEC, two groups leading the global transition to a low-carbon, electrified economy. This MOU demonstrates the strategic nature of the Baptiste project and its potential to produce an ideal nickel feedstock for the battery supply chain.

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