Boeing set to boost Canada's economy with $61bn investment
Boeing and its partners have delivered on billions of dollars in industrial and technological benefits obligations that goes back over 25 years. The work began with the sale of the F/A-18s in the mid-1980s and progressed through more recent obligations that include acquisition of and sustainment work on the C-17 Globemaster and the CH-47 Chinooks to meet Canada’s domestic and international missions.
“Canada is one of Boeing’s most enduring partners and has continuously demonstrated that they have a robust and capable industry supporting both our commercial and defence businesses,” said Charles “Duff” Sullivan, Boeing Canada managing director. “The large scale and scope of these Canadian projects reinforces Boeing’s commitment to Canada and gives us an opportunity to build on our motto of promises made, promises kept.”
As a result of new data and projections from economists at Ottawa-based Doyletech Corp, the number of economic benefits to Canada and its workforce for the acquisition of the F/A Block III Super Hornet is expected to last for at least 40 years and benefit all regions due to the billions of dollars in economic growth. A Super Hornet selection for the Future Fighter Capability Project (FFCP) is also thought to deliver hundreds of thousands of high paying jobs critical to the country’s economic recovery.
“At a time when Canada is working toward recovery efforts coming out of the pandemic, a Super Hornet selection would provide exactly the boost that we need,” commented Rick Clayton, economist at Doyletech Corp. “Boeing and its Super Hornet industry partners have a long track record of delivering economic growth to Canada, which gave us the confidence that our data and detailed projections are extremely accurate.”
Boeing is one of the world’s leading aerospace firms and is a global provider of commercial airplanes, defence, space and security systems, as well as offering global services. As a top US exporter, the firm supports commercial and government customers in over 150 countries. Building on a legacy of aerospace leadership, Boeing continues to lead in technology and innovation, deliver for its customers and invest in its people and future growth.
Ultium Cells LLC/Li-Cycle: Sustainable Battery Manufacturing
Ultium Cells LLC - a joint venture between General Motors and LG Energy Solutions - has announced its latest collaboration with Li-Cycle. Joining forces the two have set ambitions to expand recycling in North America, recycling up to 100% of the scrap materials in battery cell manufacturing
What is Ultium Cells LLC?
Announcing their partnership in December 2019, General Motors (GM) and LG Energy Solutions established Ultium Cells LLC with a mission to “ensure excellence of Battery Cell Manufacturing through implementation of best practices from each company to contribute [to the] expansion of a Zero Emission propulsion on a global scale.”
Who is Li-Cycle?
Founded in 2016, Li-Cycle leverages innovative solutions to address emerging and urgent challenges around the world.
As the use of Lithium-ion rechargeable batteries in automotive, industrial energy storage, and consumer electronic applications rises, Li-Cycle believes that “the world needs improved technology and supply chain innovations to better recycle these batteries, while also meeting the rapidly growing demand for critical and scarce battery-grade materials.”
Why are Ultium Cells LLC and Li-Cycle join forces?
By joining forces to expand the recycling of scrap materials in battery cell manufacturing in North America, the new recycling process will allow Ultium Cells LLC to recycle cobalt, nickel, lithium, graphite, copper, manganese and aluminum.
“95% of these materials can be used in the production of new batteries or for adjacent industries,” says GM, who explains that the new hydrometallurgical process emits 30% less greenhouse gases (GHGs) than traditional processes, minimising the environmental impact. Use of this process will begin later in the year (2021).
"Our combined efforts with Ultium Cells will be instrumental in redirecting battery manufacturing scrap from landfills and returning a substantial amount of valuable battery-grade materials back into the battery supply chain. This partnership is a critical step forward in advancing our proven lithium-ion resource recovery technology as a more sustainable alternative to mining, " said Ajay Kochhar, President, CEO and co-founder of Li-Cycle.
"GM's zero-waste initiative aims to divert more than 90% of its manufacturing waste from landfills and incineration globally by 2025. Now, we're going to work closely with Ultium Cells and Li-Cycle to help the industry get even better use out of the materials,” added Ken Morris, Vice President of Electric and Autonomous Vehicles, GM.
Since 2013, GM has recycled or reused 100% of the battery packs it has received from customers, with most current GM EVs repaired with refurbished packs.
"We strive to make more with less waste and energy expended. This is a crucial step in improving the sustainability of our components and manufacturing processes,” concluded Thomas Gallagher, Chief Operating Officer, Ultium Cells LLC.