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The facility is planned for Baytown, Texas.
J-Star Holding Co., Ltd. (Nasdaq: YMAT) and White Group have signed a non-binding Memorandum of Understanding (MOU) to support capital formation for an automated solid-state battery production facility in Baytown, Texas.
The MOU outlines the collaboration aimed at establishing the facility, though specific financial details and timelines have not been disclosed.
J-Star Holding Co., Ltd. has a free float of 2,309,700 shares.
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