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Ionic closes $29-million Series B round to produce battery materials in Utah


Ionic Mineral Technologies, a vertically-integrated US producer of advanced materials for the energy, defense and technology sectors, has closed a $29-million Series B financing round. The oversubscribed round, which exceeded its initial $25-million target, will enable the company to expand capacity at its facility in Provo, Utah, accelerating production of its Ionisil and IonAl battery… Read more…

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