Shulou(Shulou.com)11/24 Report--

Thank you, Mr. Air, a netizen of CTOnews.com, for your clue delivery! CTOnews.com, December 2 (Xinhua)-- the joint venture of EcoPro BM, SK On and Ford cathode materials will set up a factory in the United States. The plant will produce precursors for positive electrodes, the core material used in the manufacture of electric vehicle batteries.

At an investor relations event on Thursday, EcoPro, the parent company of cathode maker EcoPro BM, said it was planning to use its precursor production capacity to expand in the US market.

CTOnews.com has learned that it also plans to recycle old batteries and extract nickel, cobalt and lithium from them. The waste batteries will be supplied by Blue Oval SK, a battery joint venture between SK On and Ford. The recycling of these batteries will be done by a local company in the United States.

EcoPro also said the US-based plant would import lithium carbonate and lithium hydroxide from countries that have signed free trade agreements with the United States.

EcoPro may also use products left over from Blue Oval SK's battery production line to make precursors. These precursors will be transported to the positive line production line in the United States.

At the same time, EcoPro said it plans to purchase about 30 per cent of its own use of nickel, precursors and lithium by 2027.

The precursors are made of nickel sulfate, manganese, cobalt and other metal materials. When precursors are mixed with 1:1 proportions such as cobalt sulfate and lithium hydroxide to form plasticity (the work of mixing different substances with heat), the cathode material is formed.

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