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UP Catalyst raises €18 million to advance the EU’s critical raw material production

  • Tallinn-based UP Catalyst secures €18 million loan from the European Investment Bank (EIB).
  • Funding will be used to scale up the molten salt electrolysis process for producing critical raw materials.
  • UP Catalyst aims to address the deficit of graphite and strengthen the resilience of EU industries.
  • The company plans to expand production to meet the growing demand for carbon nanotubes and graphite.

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