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LG Chem to invest $3.2B to build NCMA cathode plant in Tennessee; 120,000 tpa

Green Car Congress

LG Chem today has signed a memorandum of understanding (MOU) with the state of Tennessee to establish a new cathode manufacturing facility in Clarksville with an investment of US$3.2 million pure electric vehicles with a range of 310 miles (500 km) per charge. billion) in 2022 to KRW 20 trillion (US$14.7 billion) by 2027.

Tennessee 259
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SK On takes 10% stake in Australia’s Lake Resources; battery-grade lithium supply deal

Green Car Congress

SK On, a global electric vehicle (EV) battery manufacturer, signed a lithium supply deal with Australia’s Lake Resources ( earlier post ), a move that will further strengthen its key battery materials supply chain in response to robust business growth and geopolitical risks. million electric vehicles (EVs).

Supplies 293
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Piedmont Lithium selects Tennessee for second lithium hydroxide project; 30,000 metric tons per year

Green Car Congress

Piedmont Lithium has ( earlier post ) selected Etowah, Tennessee as the location of the company’s planned 30,000 metric ton per year (tpy) LHP­2 lithium hydroxide operation (“Tennessee Lithium”). Conceptual design of the 30,000 TPY Tennessee Lithium plant. Planned completion and start of production is in 2025.

Tennessee 243
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POSCO Chemical, GM in large-scale CAM supply agreement to support EV growth

Green Car Congress

recently announced a binding agreement for a large-scale supply of Cathode Active Material (CAM) to help GM meet its fast-growing EV production needs. CAM is a key battery material consisting of components like processed nickel, lithium and other materials representing about 40% of the cost of a battery cell.

GM 334
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LG Chem breaks ground $1.6B on Cathode Plant in Clarksville, Tennessee

Electric Cars Report

intending to establish a production hub for the global battery material market. The facility, located in Montgomery County, Clarksville, Tennessee, will locally produce cathode materials optimized for North American electric vehicles and collaborate with key partners from development to supply chain.

Tennessee 104
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DOE awarding $1.6B to 11 battery materials separation and processing projects as part of $2.8B funding

Green Car Congress

billion to 21 projects to expand domestic manufacturing of batteries for electric vehicles (EVs) and the electrical grid and for materials and components currently imported from other countries. billion will go to 11 projects in the materials separation and processing segment of the supply chain. Earlier post.) Of that, $1.6

Parts 459
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LG Chem breaks ground of its Tennessee plant, taking the lead as a top cathode supplier in the U.S.

EV Specifications

intending to establish a production hub for the global battery material market. The facility, located in Montgomery County, Clarksville, Tennessee, will locally produce cathode materials optimized for North American electric vehicles (EVs) and collaborate with key partners from development to the supply chain.