Canada's federal government and the Quebec province will each provide about C$150 million ($112 million) for a General Motors-POSCO Chemical battery materials facility that is expected create about 200 jobs in the country, the Canadian industry ministry said on Monday.
battery materials facility that is expected create about 200 jobs in the country, the Canadian industry ministry said on Monday.to build the facility in Becancour, Quebec, to produce cathode active material for electric vehicle batteries.
CAM includes components like processed nickel, lithium and other materials that make up about 40% of the cost of a battery, the industry ministry said in a statement.
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