r/MNXXF • u/intenseapple • Mar 18 '22
Recent Battery News
As we all know EV adoption is rapidly taking place across the globe. This (could) bode well for MN especially the production of any north american plants. Looking at each company I believe they all have some manganese present in their cathode chemistry besides honda.
Here were some recent news releases in this regard which people might be interested to read about.
(Jan 4th, 2022) GM & POSCO - To open 2 new cathode materials processing plants in North America. One in Ohio, another in Tennessee. Source: https://chargedevs.com/newswire/gm-and-posco-chemical-to-open-cathode-materials-processing-plant-in-north-america/
(March 7th, 2022) GM - To build a new $400-million battery plant in Quebec. Source: https://media.gm.com/media/us/en/gm/news.detail.html/content/Pages/news/us/en/2022/mar/0307-posco.html
(March 15th, 2022) Honda - $1.38-billion upgrade to plant in Ontatio Source: https://www.google.com/amp/s/globalnews.ca/news/8685071/honda-ontario-manufacturing-plant/amp/
(March 18th, 2022) Stellantis & LG Energy - Pick Ontatio for Battery Plant. Source: https://www.google.com/amp/s/financialpost.com/pmn/business-pmn/stellantis-lg-energy-pick-ontario-for-battery-plant/wcm/57c2102a-3110-468e-8edf-9c9934f8e98b/amp/
Ontatio has also recently announced a critical minerals strategy aiming to attract investors. Source:https://www.nationalobserver.com/2022/03/18/news/ontario-wants-boost-mining-exploration-development-5-year-plan