Unit of S. Korea's Solus to build Canada copper foil facility as part of EV battery push


FILE PHOTO: An electric vehicle charging station is seen at the Volkswagen display during the media day at the Canadian International AutoShow in Toronto, Ontario, Canada, February 14, 2019. REUTERS/Chris Helgren/File Photo

OTTAWA (Reuters) -A unit of South Korea's Solus Advanced Materials will build a copper foil facility in the Canadian province of Quebec, producing technology for electric vehicle (EV) batteries, Ottawa said on Tuesday.

The Volta Energy Solutions project in the town of Granby is valued at C$700 million ($514.37 million) and should be at full production capacity in 2026, a spokesperson for federal Innovation Minister Francois-Philippe Champagne said by email.

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