Umicore reportedly delays CAD 2.8 billion Ontario EV battery materials plant

Umicore is reportedly delaying plans for its CAD 2.8 billion (USD 2 billion) Ontario electric vehicle battery materials plant as consumer adoption falls short of expectations.
Umicore had confirmed plans in October 2023 to build the cathode materials plant, but said in its half-year review on July 26 that it would pu....

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