In a fast moving alternative energy market, where new technologies are dictating the development of products, Swindon-based Johnson Matthey has changed direction. 

Its board has concluded that the potential returns from its battery materials business will not be adequate to justify further investment  and it will sell all or parts of this business with the ultimate intention of exiting.

The company said: “JM is making good progress in its other growth areas, such as in hydrogen technologies, circularity and the decarbonisation of the chemicals value chain.” 

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