Expansion of production capacity for cathode materials for secondary batteries for electric vehicles

July 6, 2021
Sumitomo Metal Mining Co., Ltd.

Sumitomo Metal Mining Co., Ltd. (SMM, Head Office: Minato-ku, Tokyo, President & Representative Director: Akira Nozaki) has decided to expand the production capacity of cathode materials for secondary batteries for Electric Vehicles (xEV). This will enable us to meet the demands for cathode materials that is expected to increase as the electrification of vehicles advances.
The new plant will be established in the Besshi area (Niihama City, Ehime Prefecture) and the production capacity at the Harima Refinery (Harima-cho, Kako-gun, Hyogo Prefecture) will simultaneously be expanded. It is planned that the overall capital expenditures for both sites will be at 47 billion yen and that construction work will be completed in 2025.

Please check the below PDF file for details.

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