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30 May
14:00

GM, POSCO get CAD 300m in grants for Quebec CAM plant

Canada’s federal government and the province of Quebec will together provide CAD 300 million ($224m) toward a battery components plant in Quebec, being developed by General Motors and POSCO Future M Co, Kallanish reports. The $600m plant is to be built in Becancour, Quebec, and should be in commercial operation by 2025, the Canadian government says. It’s set to be the first cathode active materials (CAM) facility in Canada. Production capacity details …
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