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BASF buys site for planned battery materials facility in Canada

Mar. 04, 2022 4:21 PM ETBASF SE (BASFY)BFFAFBy: Carl Surran, SA News Editor3 Comments


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BASF (OTCQX:BASFY) says it signed an agreement to secure land for a cathode active materials and recycling site in Quebec, with plans to start production in 2025, as part of its commitment to support North

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Comments (3)

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Adding more BASFY. BASF probably got a great deal from the timid accommodating Canadians. Wouldn’t surprise me if they got a 0 interest loan for 20 years for the entire cost . Everyone knows totally funded from Alberta transfer payments to Quebec.
This stock is cheap now, while it might hit by eu nat gas long run it’s a good play. Long a small position, limit around 8% Div.
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