SMP Signs Agreement with Heraeus

July 08, 2002 by Jeff Shepard

Superior MicroPowders LLC (SMP, Albuquerque, NM) announced that it has signed a memorandum of understanding with Heraeus Metal Processing Inc. (Hanau, Germany) for the supply, management and recycle of precious metal-based materials to SMP. The agreement between SMP and Heraeus signifies an important milestone in the development of a supply chain for precious-metal-based fuel cell materials.

The agreement addresses the supply of competitively priced, precious-metal precursors for SMP's use in the production of its materials for fuel cells and other applications, professional assistance in the fiscal management of precious-metal-containing materials, and recycling of precious-metal-containing scraps and parts.