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Re: Testpilot post# 40279

Monday, 10/10/2022 11:54:48 AM

Monday, October 10, 2022 11:54:48 AM

Post# of 43279
This from Benchmark Mineral Intelligence: “

$
4 BILLION POTENTIAL BOOST TO US LFP CAPACITY AS IRA IMPROVES ECONOMICS
7th October 2022 Batteries, Cathodes
A total of $4 billion of possible investments into new lithium iron phosphate batteries and battery materials in the state of Michigan would mark a considerable increase in US production of the cheaper battery material.

Start-up Our Next Energy said it would invest $1.6 billion in a LFP battery cell and pack plant in the state, while Chinese producer Gotion said it would build battery cathodes and anodes in the state.

The deals come as the Inflation . . .”

Do believe it says State of Michigan
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