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Area Development - Site Selection, Facility Planning and Workforce Development

EVelution Energy Plans Yuma County, Arizona, EV Battery Materials Processing Plant

04/04/2023
EVelution Energy, a U.S. electric vehicle battery materials processing company, plans to establish a cobalt sulfate production facility in Yuma County, Arizona. The $200 million project is expected to create 60 jobs.

The new facility, built in a qualified opportunity zone, will produce approximately 33,000 metric tons of EV battery grade cobalt sulfate per year, enough to support the domestic production of approximately 470,000 EVs each year. The fully solar-powered facility will also support the surrounding agricultural community with clean power. Operations are scheduled for 2026.

“We are very excited to develop a domestic EV battery-material production facility, particularly a solar-powered facility, which is of key importance to the United States,” said Navaid Alam, President and CEO of EVelution Energy. “Our new production facility will bring back basic infrastructure and re-onshore jobs and technology to the United States and decrease our reliance on other countries for critical EV battery materials. We are grateful to Governor Hobbs, Senator Sinema and Senator Kelly, the Arizona Commerce Authority, the Greater Yuma Economic Development Corporation and M3 Engineering for their partnership, as well as Yuma County and the Yuma County Board of Supervisors for their support.”

EVelution Energy’s mission is to contribute to the transition to a net zero carbon future by providing carbon-neutral battery-grade materials to the new and burgeoning Electric Vehicle battery market in North America.

“EVelution Energy’s new facility represents a significant addition to Arizona’s battery manufacturing ecosystem,” noted Sandra Watson, President and CEO of the Arizona Commerce Authority (ACA). “We are grateful to EVelution Energy for choosing Yuma County for this innovative facility that will drive further economic growth in rural Arizona.”

Cobalt sulfate is an integral component of the U.S. electric vehicle critical materials supply chain.

“The Greater Yuma EDC is proud to support the EVelution Energy Project in Eastern Yuma County,” added Julie Engel, President and CEO, Greater Yuma Economic Development Corporation. “The combination of new legislation, increased EV vehicle production and worldwide EV battery shortages have all led to the vision and future deployment for this cobalt processing facility, which will create a tremendous positive impact on the nation’s EV supply chain, the Department of Defense's critical minerals supply chain, and attract opportunities from new U.S. mining sources, further reducing costs and securing the supply chain. We sincerely appreciate the support this project has received from the federal government, state government and local jurisdictions to help make this a reality.”

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