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Tag Archives: battery plant

Materials company suspends construction of $2.8B Ontario battery plant

By Staff The Canadian Press Posted July 27, 2024 10:33 am 1 min read Descrease article font size Increase article font size Umicore says it has halted spending on a $2.76-billion battery materials plant in eastern Ontario. The global materials company says it made the decision because of scaled-back expectations …

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Ontario offering more money to automaker Stellantis, Ford says

Ontario is offering more money in a bid to keep automaker Stellantis from pulling out of building an electric vehicle battery plant in Windsor, Ont., Premier Doug Ford said Friday. Stellantis and LG Energy Solution announced last year that they were building the $5-billion plant, but have in recent days …

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Next step in Ontario EV auto strategy is a lithium hydroxide plant: minister

TORONTO — Ontario Economic Development Minister Vic Fedeli calls it the “sleeper story” of the province’s massive auto industry transition. Now that his quest to establish end-to-end electric vehicle production in the province has landed two battery plants, he’s setting his sights on lithium hydroxide, a critical component of those …

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