Japan auto giant's new EV battery plant will be the third in Ontario—in addition to a Volkswagen facility in St. Thomas to start construction in 2025 and a Stellantis-LG plant in Windsor under way since last year.
Nevada firm's $3.5B, 10-year plant commitment to Charleston area could gain it access to materials and customers from the state's EV production boom, but project contractors were not disclosed.
The U.S. Defense Dept. awarded a $120-million contract to a domestic unit of Australia-based Lynas Rare Earths Ltd. to build America's first heavy rare earth processing plant.