EIB lends Umicore €350 million for EV battery material research

Hilde Van Raemdonck

February 8, 2024

The new loan for Umicore fits in with the European Investment Bank’s pledge to allocate an additional €45 billion to promote the production of new technologies to help achieve climate goals /Umicore

The European Investment Bank will grant Belgian Umicore an eight-year loan of 350 million euros for research. The money is intended for the
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