Exclusive: LG Chem considering building 2nd U.S. EV battery plant
LG Chem, one of the leading EV battery makers in the world that counts General Motors and Volkswagen (VOWG_p.DE) among its customers, is weighing investing about 2 trillion won ($1.70 billion) in the plant that could begin production in 2022, one of the people said. Kentucky and Tennessee are among the candidates for the plant’s site, the person said.

This 2nd plant is not confirmed yet, but we should know soon...US$1.7bil to be spent and production to commence in 2022...if confirmed, this will give another strong boost to sentiment...will confirm once again that the Battery Minerals will have to come from somewhere and in ever-increasing quantities...will help to speed up change in sentiment.