Johnson Matthey shares closed 15% higher after it announced plans to invest £200m in developing battery materials for electric cars. It said the market could be worth more than $30bn in sales ...

The precious-metal-catalyst specialist Johnson Matthey is meeting the ... It says the business bears similarities to Matthey’s battery materials unit, which Matthey poured $420 million into ...

noting the 2021 battery materials exit. It also said Johnson Matthey’s Platinum Group Metals Services continued to “tremendously underperform,” consuming over £1bn of cash from working ...