H.C. Starck Tungsten Powders (HCS), a wholly owned subsidiary of Masan High-Tech Materials (MHT), announced the signing of definitive agreements to invest £45m into Nyobolt Limited (Nyobolt), a fast-charging Li-ion battery solutions company that leverages HCS's advanced tungsten materials in its anode, for a 15% equity interest on a fully diluted basis.
H.C. Starck is a Germany-based company that develops, produces, and commercializes ceramics and thermal spray powders for oil and gas, metal and chemical industries.