POSCO Chemical, General Motors to invest combined USD327 million to form JV Ultium CAM

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POSCO Chemical plans to build a production facility for cathode active materials (CAM) in Quebec, Canada, for GM

POSCO Chemical and General Motors have finalized their joint venture, which will be called Ultium CAM, and the two companies plan to invest a combined USD327 million to form the JV, the South Korean materials company announced on 27 May 2022.

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