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Energy Storage

Wacker invests again in battery materials firm Nexeon

by Michael McCoy
September 14, 2019 | A version of this story appeared in Volume 97, Issue 36
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The silicon maker Wacker Chemie is taking a 25% stake in Nexeon, a British company that is developing a silicon-based replacement for graphite as the anode of lithium-ion batteries. Wacker already has a research pact with Nexeon and bought a stake of undisclosed size in the firm in 2013. A Nexeon competitor, Sila Nanotechnologies, raised $70 million from investors last year.

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