Australia signs land deal for proposed battery material plant

Australia signs land deal for proposed battery material plant FMTNews FMTBusiness

Western Australia will allocate land for IGO Ltd and Wyloo Metals’ battery metal manufacturing facility.

The proposed facility in Western Australia, the country’s largest mining state, would be Australia’s first to produce nickel-cobalt-manganese precursor cathode active material, used to make components for the lithium-ion batteries common in electric vehicles. “We believe the area where Australia can be most competitive is in mid-stream battery chemical processing,” Dusci said in a statement.

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