A company building a $202 million graphite processing plant in Coosa County has announced a deal to supply the material for an electric vehicle battery maker.
Westwater Resources has announced a joint development agreement with SK On, a South Korean electric vehicle battery manufacturer for Ford, Hyundai, Volkswagen and others.
“The with SK On is another major advancement in Westwater’s graphite business, and we are extremely excited to partner with a leading global battery manufacturer,” Westwater Executive Chairman Terence Cryan said. “Following the passage of the Inflation Reduction Act, many battery manufacturers have sought to secure North American anode material from our Kellyton plant.”
Westwater Resources said last year that batteries found in an average electric vehicle need about 175 to 200 pounds of graphite. There are currently no producers of natural-grade graphite in the U.S. for these products.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
USA Today poll ranks Alabama city 2nd among best summer destinationsThe USATODAY 10Best reader's list of the “Best Summer Travel Destinations for 2023' puts Mobile just behind Mackinac Island, Mich., and ahead of such destinations as Door County, Wisc.; Chicago; Crystal River, Fla.; and Asheville, N.C. ⛲️🚢🍩😎➡️
Leer más »
Unarmed Black Alabama man’s lawyers release bodycam footage showing dog attack“For two years, they’ve done everything they can to keep this video from coming out. Now it’s out and the people can see the truth with their own eyes,” attorney Roderick Van Daniel said about footage of a police dog attack in Sheffield.
Leer más »
14 charts that show how the economy is performing in AlabamaIs our economy doing better or worse? See recent changes in local employment, regional inflation and more in these regularly updated charts and maps.
Leer más »
Alabama WIC food, formula assistance guidelines are changingChanges to Alabama’s WIC program, the name for the Special Supplemental Nutrition Program for Alabama Women, Infants and Children, could help more pregnant women, new parents and children get better access to healthy food and formula:
Leer más »
Alabama saw a surge in small businesses during the pandemicSmall businesses — very small businesses, actually — sprouted up all over Alabama during and after the COVID-19 pandemic, especially in some rural counties. Those microbusinesses — firms with 10 or fewer employees — are a big part of the Alabama economy:
Leer más »