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.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Japanese PM Fumio Kishida seeks to shake up $5-trillion asset management industryThe Japanese government is reviving its decades-old policy pledge to move 2,000 trillion yen of household financial assets into investment, as half of such assets are sitting in cash or bank deposits
Source: globebusiness - 🏆 31. / 66 Read more »

Global Funds Double Sales of Japanese Stocks to Most Since 2019Foreign investors sold the most Japanese equities since March 2019 last week as the Topix index reached a fresh multi-decade high.
Source: BNNBloomberg - 🏆 83. / 50 Read more »