J-Star subsidiary YMA Corp gets Taiwan central bank OK to pursue USD 60 million loan for Texas battery plant

J-Star Holding

J-Star Holding

YMAT

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  • J-Star Holding’s subsidiary YMA Corp received Central Bank of Taiwan authorization to start a sovereign-backed financing process for its U.S. expansion.
  • Preparing to select a designated domestic bank to pursue a USD 60 million loan facility under the framework.
  • Proceeds targeted for a 100 MWh solid-state battery manufacturing line in Baytown, Texas, operated by YMA(TX) Inc.
  • Total projected investment for the Baytown facility set at USD 122.5 million.


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