RE:More seeking alpha From the comments section of this article:
Stalwart12: "Do you have any idea what kind of revenue could be generated from this facility alone?"
Randy Carlson: "How much cathode $$$ could Nano One make in the new facility? That's a good question."
This 2020 reference states that an LFP cathode costs $24,000/ton and that approximately 2 kg of LFP cathode is required for each kWh of cells.
https://na.eventscloud.com/file_uploads/eb9b04cd75ee9da4619308dfffd78760_O-8.01RenardFabrice.pdf
If one is a little optimistic, the M2CAM modification should double the output from the existing single-line to ~4,800 TPY. Canadianac's facility has room for approximately ten lines, for a rated capacity of approximately TPY 48,000.
If the plant were expanded as above and operated at 80% capacity, that would be 38,400 TPY for $24,000 per tonne or ~$920,000,000 in gross revenue.
38,400 tons of cathodes are good for around 19 GWh of cells and just over 300,000 cars similar to Tesla's Model 3. Of course, this would require significant CAPEX to add lines in the plant.
Stalwart12: "Excellent. Thanks for that!"