LG Chem begins construction on cathode plant in Tennessee
Dec. 26, 2023
The plant will produce NCMA (nickel, cobalt, manganese, aluminum) cathode materials optimized for North American electric vehicles.
LG Chem has broken ground on a new cathode plant in Clarksville, Tennessee. The global chemical company will invest $1.6 billion into the first phase of the project, and the plant will produce NCMA (nickel, cobalt, manganese, aluminum) cathode materials optimized for North American electric vehicles. LG Chem hopes the facility will become a production hub for the global battery material market. The plant is expected to have an annual capacity of 60,000 tons and be capable of producing cathode materials for approximately 600,000 electric vehicles.
In a recent quote, LG Chem CEO Shin Hak-cheol said, "With the Tennessee cathode material plant as the center, LG Chem will undoubtedly leap to become the top cathode material supplier in North America. LG Chem will execute the vision to become the world's leading comprehensive battery material company, establishing a stable supply chain resilient to any environment."
Investing in American Manufacturing - 2023
This map shows where manufacturers are choosing to invest their resources, whether they are building new production facilities or expanding existing plants.
INNOMAG® pumps save energy and maintain peak efficiency over time—no wear and tear. Discover how they can lower your operating costs and increase reliability.
Streamline your operations with INNOMAG® pumps. Featuring a single material with near-universal chemical resistance, they deliver reliable performance across a wide range of application...
