Replies to post #6951 on International Battery Metals Ltd (IBATF)

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memorandum of understanding (MOU) with ExxonMobil

SK On, the world’s fifth-largest battery maker, is among the first to partner with Sakuu in developing the Kavian platform. SK On currently operates two EV battery plants in Commerce, Georgia. It’s further expanding its presence in the US Southeast by constructing additional EV battery plants through joint ventures with Ford and Hyundai.

SK On is rapidly ramping up battery production plans in the US – earlier this week, the South Korea-headquartered battery maker had signed a non-binding memorandum of understanding (MOU) with ExxonMobil for a multiyear offtake agreement of up to 100,000 metric tons of Arkansas lithium.

https://electrek.co/2024/07/08/sk-on-is-working-on-3d-printing-ev-batteries-with-sakuu/