# Johnson Matthey to invest £200M in battery material technology

Johnson Matthey announced an initial £200 million investment to expand its battery material technology business from 2018, targeting the growing electric vehicle market.

- Type: Investment
- Announced: 2017-09-21
- Where: United Kingdom
- Value: $270.0M (200.0M GBP)
- Starts operating: 2018
- Status: announced
- Products: battery materials
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Johnson Matthey](https://endata.com/companies/6652.md)

## Sources

- [mining.com](https://www.mining.com/web/johnson-matthey-invest-200-mln-pounds-battery-material-technology/), 2017-09-22: "Johnson Matthey said it will invest an initial 200 million pounds ($270m) in expanding its battery material technology business from 2018, aiming to capitalise on growth in the electric vehicle market."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.