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By Shane Lasley
Metal Tech News 

Vital link to Ontario's EV supply chain

Metal Tech News - July 13, 2022


Last updated 7/26/2022 at 2:39pm

An artist rendering of a lithium-ion battery.

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The $1.2 billion plant Umicore plans to build in Ontario is expected to eventually produce enough cathode material for the lithium-ion batteries powering 1 million EVs per year.

Umicore to invest C$1.5B on lithium battery materials plant in Ontario.

To establish the missing link between Ontario's abundant lithium battery metal resources and the established automotive industry in the Canadian province, Belgium-based Umicore plans to invest C$1.5 billion (US$1.2 billion) to build a plant that will feed cathode battery materials into the North Am...

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