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Atlas fund raise: Atlas raises $27 million for new nickel technology for EV batteries - Vimarsana News

Atlas fund raise: Atlas raises $27 million for new nickel technology for EV batteries

Atlas Materials has raised $27 million to build a pilot plant in North America for processing low-grade nickel for electric vehicle batteries. The company has developed a way to treat a type of nickel ore, normally used in stainless steel, into a form suitable for EV batteries with low emissions and no waste.