Vianode, a Norwegian company that makes sustainable synthetic anode graphite, is planning to build its first North American facility in Ontario. With a $3.2 billion investment, the plant will be located in St. Thomas and will be the first large-scale, low-emission synthetic graphite facility in North America.
Initially expected to employ around 300 people, the Vianode operation could potentially create up to 1,000 jobs when it reaches full production.
“Today marks an important step towards a resilient North American battery supply chain,” said Burkhard Straube, CEO of Vianode. “Ontario and the city of St. Thomas have been strong partners from day one, and Via TWO will bring industrial-scale, low-emission graphite to market through a phased build-out that supports customers, communities, and the clean energy transition.”
(Image: Invest Ontario)
As the demand for graphite increases, this Vianode facility will help Ontario and Canada secure a local supply of this essential material used in manufacturing, defense, and energy-marking a significant move toward building a critical mineral supply chain in Ontario.
The Hon. Doug Ford, Premier of Ontario, stated, “Today’s announcement is a historic milestone for southwestern Ontario and a major win for workers, creating good-paying manufacturing jobs today and for generations to come. We’re proud to welcome Vianode to St. Thomas as we strengthen our province’s competitive advantage in a critical industry and build the most competitive, resilient, self-reliant economy in the G7.”
Synthetic graphite forms an essential part of lithium-ion batteries – specifically the anode – and is crucial for semiconductors, grid-scale electrical storage systems, nuclear reactors, defense applications, and steel manufacturing.
Using proprietary technology, Vianode produces high-performance synthetic anode graphite with up to 90% lower carbon dioxide emissions compared to traditional methods.
According to Vianode’s plans are already underway for ground preparation work so that production can start by 2028. Future expansions may increase the total capacity of the Ontario plant to as much as 150,000 tons of synthetic graphite each year.
“Vianode’s decision is a clear signal that Ontario remains a dependable and competitive partner for business growth,” said Khawar Nasim, CEO of Invest Ontario. “Investing today demands clear strategy and steady navigation through a changing economic landscape especially for landmark projects of this scale. We’re proud to have worked with Vianode along the way to help it enter a new market and grow with confidence in Ontario.”
Invest Ontario has closely collaborated with Vianode since early on during its site selection process. To support this investment initiative; Ontario is working on negotiating up to $670 million in loan provisions.
Check out all the latest news related to Ontario economic development corporate relocation corporate expansion and site selection.
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(Image: Invest Ontario)
As the demand for graphite increases, this Vianode facility will help Ontario and Canada secure a local supply of this essential material used in manufacturing, defense, and energy-marking a significant move toward building a critical mineral supply chain in Ontario.
The Hon. Doug Ford, Premier of Ontario, stated, “Today’s announcement is a historic milestone for southwestern Ontario and a major win for workers, creating good-paying manufacturing jobs today and for generations to come. We’re proud to welcome Vianode to St. Thomas as we strengthen our province’s competitive advantage in a critical industry and build the most competitive, resilient, self-reliant economy in the G7.”
Synthetic graphite forms an essential part of lithium-ion batteries – specifically the anode – and is crucial for semiconductors, grid-scale electrical storage systems, nuclear reactors, defense applications, and steel manufacturing.
Using proprietary technology, Vianode produces high-performance synthetic anode graphite with up to 90% lower carbon dioxide emissions compared to traditional methods.
According to Vianode’s plans are already underway for ground preparation work so that production can start by 2028. Future expansions may increase the total capacity of the Ontario plant to as much as 150,000 tons of synthetic graphite each year.
“Vianode’s decision is a clear signal that Ontario remains a dependable and competitive partner for business growth,” said Khawar Nasim, CEO of Invest Ontario. “Investing today demands clear strategy and steady navigation through a changing economic landscape especially for landmark projects of this scale. We’re proud to have worked with Vianode along the way to help it enter a new market and grow with confidence in Ontario.”
Invest Ontario has closely collaborated with Vianode since early on during its site selection process. To support this investment initiative; Ontario is working on negotiating up to $670 million in loan provisions.
Check out all the latest news related to Ontario economic development corporate relocation corporate expansion and site selection.Source link
