Additional Information:

Sector: Batteries

Activity: Materials Processing

Product: Battery Cell Components

Project Announcement Date: 7/8/2022

Target for Starting Production: 2026

Announced Post Inflation Reduction Act: No

Target Annual Production: 30000 tpa

Operating Status: Under Construction

Target Jobs: 150

Capital Investment: $547 million

Congressional District: Democrat

Government Subsidies:

Federal:

Bipartisan Infrastructure Funding: $200 million

Selected Sources:

#1: ICL to Lead Efforts in U.S. to Develop Sustainable Supply Chain for Energy Storage Solutions, with $400 Million Investment in New Lithium Iron Phosphate Manufacturing Capabilities - www.businesswire.com

#2: Energy - www.energy.gov

#3: ICL Signs Memorandum of Understanding with Aleees for Production of Lithium Iron Phosphate Battery Cathode Materials - www.prnewswire.com

#4: ICL Manufacturing breaks ground on $400 million facility for EV battery components - www.kmov.com

#5: ICL Group to build EV battery component plant in north St. Louis - finance.yahoo.com

#6: ICL shifts plans for battery component factory to the north St. Louis riverfront - www.stltoday.com

Tracked Expansions and/or Acquisitions:

We currently have no related projects tracked for this site.