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3M has signed an agreement with China-based battery maker Amperex Technology to expand the use of nickel-manganese-cobalt cathode materials in lithium-ion batteries. The companies claim that NMC cathodes use up to one-sixth the amount of cobalt than standard lithium-cobalt oxide cathodes. In addition, the two firms will jointly develop new cathode, anode, and electrolyte materials for the lithium-ion battery market.
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