General Motors has expanded the supply chain for its electric vehicles by signing a deal with Australian supplier Element 25 for as much as 32,500 metric tons of manganese sulfate per year.
The automaker and Element 25 on Monday said the agreement between the companies includes an $85 million loan from GM to help Element 25 fund construction of a $290 million facility in Louisiana to produce battery-grade manganese sulfate. Production is expected to begin in 2025, the companies…
Comments are closed