A Taiwan Cement Corp (TCC, 台灣水泥) subsidiary yesterday broke ground for an advanced lithium battery plant in Kaohsiung’s Siaogang District (小港) at the former site of the cement maker’s paper mill.
Molie Quantum Energy Corp (三元能源科技) has planned to initially invest NT$12 billion (US$430.5 million) in the facility, which is to begin operations in 2023.
The facility is to have enough annual output to supply the long-range batteries needed for 24,000 electric vehicles — or 1.8 gigawatt-hours (GWh) of battery capacity.
Photo: Amy Yang, Taipei Times
It would use nickel, cobalt and manganese to make “ternary” batteries, and use lithium to make the anode material of the batteries, the company said.
The move is a step toward making Taiwan Cement green, company chairman Nelson Chang (張安平) told a groundbreaking ceremony.
The ceremony was attended by Vice Premier Shen Jong-chin (沈榮津), Kaohsiung Chen Chi-mai (陳其邁) and CTCI Group (中鼎集團) chairman John Yu (余俊彥), among other guests.
“We will make our batteries for the electric vehicle market, targeting the high-end, customized segment of that market,” Chang said.
The investment would help the nation’s battery ecosystem reach an economy of scale, while generating a large number of jobs in southern Taiwan, Chang added.
With the battery capacity of the new plant and the existing capacity at E-One Moli Energy Corp (能元科技), the group’s Tainan-based battery subsidiary, Taiwan Cement would have a total annual battery capacity of up to 3.2GWh.
E-One Moli is to hire more than 100 engineers and personnel for a research and development facility at the Southern Taiwan Science Park (南部科學園區), Taiwan Cement said, adding that Molie Quantum would focus on developing and perfecting production processes.
This is the group’s latest step in setting itself up as an energy firm, after it purchased Italian energy storage company NHOA SA earlier in the year, Chang said.
The shift also shows that the group is working toward decarbonization and investing in green energy, he added.
“Taiwan Cement has been decarbonizing by using alternative fuels and ingredients to make cement,” Chang said.
“It’s true that the existing process for making cement is carbon-intensive, but cement is also the irreplaceable adhesive of human civilization, without which there is no basic infrastructure,” he added.
The company has pledged to reduce carbon emissions by 30 percent by 2030, and to reach net-zero in its production of ready-mixed concrete by 2050.
SEEKING CLARITY: Washington should not adopt measures that create uncertainties for ‘existing semiconductor investments,’ TSMC said referring to its US$165 billion in the US Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) told the US that any future tariffs on Taiwanese semiconductors could reduce demand for chips and derail its pledge to increase its investment in Arizona. “New import restrictions could jeopardize current US leadership in the competitive technology industry and create uncertainties for many committed semiconductor capital projects in the US, including TSMC Arizona’s significant investment plan in Phoenix,” the chipmaker wrote in a letter to the US Department of Commerce. TSMC issued the warning in response to a solicitation for comments by the department on a possible tariff on semiconductor imports by US President Donald Trump’s
‘FAILED EXPORT CONTROLS’: Jensen Huang said that Washington should maximize the speed of AI diffusion, because not doing so would give competitors an advantage Nvidia Corp cofounder and chief executive officer Jensen Huang (黃仁勳) yesterday criticized the US government’s restrictions on exports of artificial intelligence (AI) chips to China, saying that the policy was a failure and would only spur China to accelerate AI development. The export controls gave China the spirit, motivation and government support to accelerate AI development, Huang told reporters at the Computex trade show in Taipei. The competition in China is already intense, given its strong software capabilities, extensive technology ecosystems and work efficiency, he said. “All in all, the export controls were a failure. The facts would suggest it,” he said. “The US
The government has launched a three-pronged strategy to attract local and international talent, aiming to position Taiwan as a new global hub following Nvidia Corp’s announcement that it has chosen Taipei as the site of its Taiwan headquarters. Nvidia cofounder and CEO Jensen Huang (黃仁勳) on Monday last week announced during his keynote speech at the Computex trade show in Taipei that the Nvidia Constellation, the company’s planned Taiwan headquarters, would be located in the Beitou-Shilin Technology Park (北投士林科技園區) in Taipei. Huang’s decision to establish a base in Taiwan is “primarily due to Taiwan’s talent pool and its strength in the semiconductor
French President Emmanuel Macron has expressed gratitude to Hon Hai Precision Industry Co (鴻海精密) for its plan to invest approximately 250 million euros (US$278 million) in a joint venture in France focused on the semiconductor and space industries. On his official X account on Tuesday, Macron thanked Hon Hai, also known globally as Foxconn Technology Group (富士康科技集團), for its investment projects announced at Choose France, a flagship economic summit held on Monday to attract foreign investment. In the post, Macron included a GIF displaying the national flag of the Republic of China (Taiwan), as he did for other foreign investors, including China-based