The Big Green Machine | Umicore | Umicore Cathode Material Plant

INDIVIDUAL FACILITIES AND SELECTED SOURCES

Below is basic information about individual facilities in our database and selected sources we've drawn on to support the analysis. To navigate to other sites, use the search page.

Umicore Cathode Material Plant

Umicore

Loyalist Township, ON, Canada

44.2055375, -76.73644

The Big Green Machine Site ID: 52

Additional Information:

Sector: Batteries

Activity: Manufacturing

Product: Battery Cell Components

Project Announcement Date: 7/13/2022

Target for Starting Production: 2026

Announced Post Inflation Reduction Act: No

Target Annual Production: 35 GWh

Current Annual Production: ? GWh

Project Status: Paused

Target Jobs: 600

Current Jobs: ?

Capital Investment: $1530 million

Government Subsidies:

Local/State: $715 million

Selected Sources:

https://www.umicore.com/en/newsroom/umicore-prepares-to-construct-battery-materials-production-plant-in-canada/

https://www.loyalist.ca/en/news/umicore_prepares_to_construct_first-of-its-kind_battery_materials_production_plant.aspx

https://www.kingstonist.com/news/umicore-breaks-ground-on-multibillion-dollar-battery-plant-in-loyalist/

https://www.world-energy.org/article/37318.html

https://www.bloomberg.com/news/articles/2024-07-26/umicore-delays-2-billion-ontario-plant-as-ev-demand-slows?srnd=homepage-uk

https://www.theenergymix.com/umicore-pauses-ontario-battery-plant-rethinks-plans-as-ev-demand-cools/

https://www.automotivelogistics.media/battery-supply-chain/bmw-localising-north-american-battery-supply-chain-despite-ev-slowdown/46083.article

Tracked Expansions and/or Acquisitions:

We currently have no related projects tracked for this site.