Gränges is expanding its production facility in Newport, Arkansas, to enable production of aluminum battery cathode foil. This kind of foil is a critical component in the manufacturing of the lithium-ion batteries necessary for a transition to electric vehicles.
“With this investment, we will be the first domestic producer of battery foil,” said Patrick Lawlor, president Gränges Americas. “We see a very strong interest from leading global battery manufacturers in domestic supply within the battery value chain. We look forward to partnering with them as well as with leading automotive OEMs in developing this market in the U.S.”
The battery production value chain is growing rapidly driven by the electrification of the automotive industry. Gränges is already a leading supplier of thin-foil solutions in the U.S. and has invested consistently over the past years to expand capacity and build capabilities.
Through this investment, Gränges will support the electric vehicle transition in all regions, complementing the battery foil investments already underway in its production facilities in Europe and Asia.
Gränges has been a leader in innovative and sustainable aluminum solutions for the automotive industry for decades. The company also has industry-leading sustainability performance. Drawing on its global production footprint and capabilities, sustainable solutions, and strong aluminum alloy and process know-how, the company will be able to offer battery cathode foil solutions that are resource efficient and responsibly sourced and produced, thus achieving a low climate impact and contributing to a circular economy.
The investment comprises the installation of finishing and clean room equipment. Commercial deliveries are expected to begin in 2024.