The plant will be fully equipped to produce the most advanced high-nickel technologies and is prepared for future battery chemistries, including manganese-rich HLM and solid-state batteries. Our regionally-integrated battery value chains, which are already in place in Europe and Asia, give our customers worldwide the security of supply of these critical and decarbonized battery materials in their fast transformation towards clean, electric mobility.”Ĭombining the production of precursor (pCAM) and CAM, the most critical components for a rechargeable battery’s performance, Umicore’s production facility will complete the missing link in North America’s EV battery value chain, from natural resources to EVs. “Umicore’s investment in Canada represents the final step in creating a truly global production presence with our local-for-local, sustainable EV battery material value chains. Given the significance of the plant for the North American EV supply chain and a strengthened EV battery ecosystem, Umicore will receive substantial financial support from the Governments of Canada and Ontario for this key project. Umicore is proceeding with the construction of a 35 GWh equivalent battery materials production plant in Loyalist, ON, to serve the North American market for electric vehicle (EV) batteries. Umicore confirms expansion of its EV battery materials production footprint with CAM and pCAM plant in Ontario, Canada
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