Epsilon Advanced Materials (EAM), an Indian battery materials company, announced that it would build a $650 million graphite anode manufacturing plant in Brunswick County, North Carolina. The company says that the 1.5 million-square-foot facility, which breaks ground in 2024 and is supposed to start operations in 2026, will create about 500 new jobs.
North Carolina Governor Roy Cooper in a statement noted that the jobs will be in "clean energy."
Anodes are positively charged electrodes that are used in storage batteries and other devices that use a pair of charged electrodes (the negative one is the cathode) to operate.
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