A Taiwan Cement Corp (TCC, 台灣水泥) subsidiary yesterday broke ground for an advanced lithium battery plant in Kaohsiung’s Siaogang District (小港) at the former site of the cement maker’s paper mill.
Molie Quantum Energy Corp (三元能源科技) has planned to initially invest NT$12 billion (US$430.5 million) in the facility, which is to begin operations in 2023.
The facility is to have enough annual output to supply the long-range batteries needed for 24,000 electric vehicles — or 1.8 gigawatt-hours (GWh) of battery capacity.
It would use nickel, cobalt and manganese to make “ternary” batteries, and use lithium to make the anode material of the batteries,