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02 Jun

GM, POSCO to boost investment at Quebec battery materials plant

General Motors and POSCO Future M are boosting investment at their planned joint venture battery materials plant in Quebec to add precursor materials production, Kallanish reports. The new investment of at least $552 million will expand the EV battery supply chain in North America with an expanded cathode active material (CAM) plant and a new precursor CAM (pCAM) facility with local on-site processing of critical minerals. The companies say they will produce CAM a…
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