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Start-up Atlas raises $27 mln for new nickel technology for EV batteries

Start-up Atlas raises $27 mln for new nickel technology for EV batteries
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Atlas Materials Raises $27 mn for Waste-Free Nickel Processing Technology

Atlas Materials, a company specializing in waste-free technology for processing low-grade nickel, has secured $27 million in funding

Start-up Atlas raises $27 million for new nickel technology for EV batteries

By Eric Onstad LONDON (Reuters) - Atlas Materials, which has developed a new technology to process low-grade nickel that can be used for electric vehi.

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.

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