Overview
- Norway-based Vianode will build a synthetic graphite facility on a 140-acre site in St. Thomas, with site preparation underway.
- The project will be constructed in phases targeting up to 150,000 tons of annual output, enough material for roughly two million electric vehicles each year.
- The Ontario government is offering a loan of up to $670 million, subject to a definitive agreement, to support the site.
- Officials say the plant will start with about 300 jobs and grow to roughly 1,000 at full operations.
- Company and provincial leaders describe the facility as North America’s first large-scale low-emission synthetic graphite plant intended to reduce reliance on Chinese production.