The year has started well for Swindon and Reading-based Johnson Matthey, with a continuation of the good demand seen in the second half of 2020/21.

In the first quarter it saw strong sales growth of 63% year-on-year, primarily driven by increased demand in Clean Air alongside Efficient Natural Resources which benefited from higher precious metal prices and stronger end markets.

Johnson Matthey has also acquired the assets and intellectual property of Oxis Energy, based near Oxford, a lithium-sulphur battery developer with assets which can be adapted for the manufacture of components for green hydrogen production.

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