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LG Chem in GM cathode material deal

Under a new supply contract worth about $18.7 billion, LG Chem will supply  General Motors (GM) with over 500,000 tonnes of cathode materials from its new plant in Tennessee between 2026 and 2035. This equates to powering 5 million units of high-performance pure electric vehicles (EVs) with a range of 500 km on a single charge.

LG Chem breaks ground in Tennessee

Korea’s LG Chem has broken ground on a nickel-cobalt-manganese-aluminium cathode materials facility on a 170 hectare site in Clarksville, Tennessee. Starting in 2026, this will supply 60,000 tonnes/year of battery materials, enough for about 600,000 electric vehicles, and will be the largest of its type in the US.

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