Umicore is making a $1.5 billion investment in Loyalist Township to build a first of its kind industrial scale cathode and precursor materials manufacturing plant.
This investment in Lennox & Addington will support Ontario’s vision of building an end-to-end electric vehicle (EV) supply chain in the province and becoming a North American hub for building the cars of the future.
Building the facility will provide employment for around 1,000 people in the construction phase and employment for several hundred in operations.
