GM and POSCO Chemical to process cathode active material at new $400M joint venture plant in Québec
Green Car Congress
MARCH 8, 2022
The Québec site will process CAM, a key battery material consisting of components such as processed nickel, lithium and other materials representing about 40% of the cost of a battery cell. The company will then expand into magnet manufacturing around 2025 at its new production facility in Fort Worth, Texas.
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