Company halts construction of $2.7B battery project in eastern Ontario

Umicore Rechargeable Battery Materials Inc. confirmed Friday its battery components plant in Loyalist Township is delaying construction, citing slowing EV sales.

Company halts construction of $2.7B battery project in eastern Ontario
Landscape drone photo of battery plant

Umicore Rechargeable Battery Materials Inc. confirmed Friday its battery components plant in Loyalist Township is delaying construction, citing slowing EV sales.