General Motors (GM) and Samsung SDI plan to invest more than $3 billion to build a new battery-cell manufacturing plant in the United States that is targeted to begin operations in 2026. The plant will have more than 30 GWh of capacity and will bring GM’s total U.S. battery cell capacity to about 160 GWh when it is at full production. The companies plan to jointly operate the facility, and it is projected to have production lines to build nickel-rich prismatic and cylindrical cells.
Ovako AB is completing a multimillion-dollar investment at two mills (Hofors and Hällefors) in Sweden to produce forged-rolled black bar. The company’s production and R&D teams have implemented a new forged-rolled process. In a multi-pass forging step they consolidate the porosity out of cast ingots down to an intermediate dimension. The resulting billet is then hot-rolled down to the final required dimension. This produces black bar with an accurate shape and good surface finish.