YOUNGSTOWN, Ohio (WKBN) – General Motors is ramping up its battery-making resources with a new agreement to get the raw materials it needs to make them and creating a new energy division.
GM has been spanning the globe to get what it needs to build batteries for its electric vehicles in places like South Korea and now Australia.
New technology center to break ground at career center
The automaker has hammered out a deal to get nickel and cobalt for Ultium battery cells after making a “strategic investment” in Queensland Pacific Metals of Australia.
The elements will be processed in a way that reduces waste with no requirement for a tailings dam, which is a byproduct of mining that you typically see at sites. It’s an earth-filled embankment where the byproducts of mining are stored.
GM is expected to invest up to $69 million in Queensland Pacific…