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GM, POSCO begin construction on CAD 500 million battery material plant in Quebec

On May 27, General Motors and POSCO Chemical announced that they are working with the governments of Canada and Quebec to build a new facility in Bécancour, Quebec, estimated at CAD 500 million (USD 400 million).
The new facility will produce cathode active material (CAM) for GM’s Ultium batteries, which will power ....

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