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BASF to invest up to USD5.1 billion in battery materials and base metals recycling

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Investments

The company is targeting battery material and base metal sales in excess of USD7.9 billion by 2030

German chemical company BASF announced via press release on 7 December that the company will be strengthening its focus on battery materials and recycling by targeting investments worth USD4.0–5.1 billion between 2022 and 2030.

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