General Motors and South Korea’s POSCO Chemical are starting construction immediately on a $500-million battery-materials plant in Bécancour, Que. It will open in the first quarter of 2025 and supply cathode material to plants in Lordstown, Ohio, and Spring Hill, Tenn., for Ultium, a GM joint venture with LG Energy Solution.
In-depth, agenda-setting reporting
Great journalism delivered straight to your inbox.
Ottawa’s Mission Control prepares for its moonshot
Huawei losses ease with rise in domestic cloud business
Celsius creditors file motion to block crypto lender from selling mined bitcoin
‘SPAC King’ seeks deadline extension to close deals
Best business newsletter in Canada
Get up to speed in minutes with insights and analysis on the most important stories of the day, every weekday.
See the bigger picture with reporters and industry experts in subscriber-exclusive events.
Membership in The Logic Council
Membership provides access to our popular Slack channel, participation in subscriber surveys and invitations to exclusive events with our journalists and special guests.