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Benchmark Mineral Intelligence completed the acquisition of Rho Motion.

Synopsis

Benchmark Mineral Intelligence, a price reporting agency and specialist information provider for the lithium ion battery to electric vehicle supply chain, completed the acquisition of Rho Motion, a provider of actionable analytics on the EV, battery, charging, and infrastructure markets. Financial terms were not disclosed. The combined company will have a staff of approximately 250 and compete with S&P Global, privately held Fastmarkets and others. The deal will make it one of the world's largest sources of market information for the electric vehicle supply chain.

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