IONWAY cathode materials plant (Umicore + PowerCo/VW) in Nysa
IONWAY, a joint venture of Belgium's Umicore and PowerCo (the battery company of the Volkswagen Group), is building its first cathode active materials (CAM) plant for electric-vehicle batteries in Radzikowice on the outskirts of Nysa (Opolskie Voivodeship), within the Wałbrzych Special Economic Zone INVEST-PARK. The investment, worth up to approx. EUR 1.7 billion by the end of the decade and supported by a Polish government grant of EUR 350 million, is ultimately to employ approx. 900 people and is being built next to Umicore's existing plant. The plant was announced in October 2023, with production scheduled to start in the first half of 2026.
How it went
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Timeline
- Announced7 Oct 2023
- Current date2026
Change history
- 22 May 2025stage: construction
- 7 Oct 2023stage: announced
Significance
The investment, worth up to approx. EUR 1.7 billion, is ultimately to create approx. 900 jobs and integrate Poland into the European supply chain for cathode active materials (CAM) for electric-vehicle batteries, alongside Umicore's existing plant in the Wałbrzych Special Economic Zone INVEST-PARK. The project received a EUR 350 million grant from the state budget and strengthens the Opolskie region's position as a hub for the electromobility industry. A risk to the pace of production start-up remains the slowdown in demand for electric vehicles in Europe in 2024-2025.
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- [1]New European battery materials player IONWAY locates first production plant in Nysa, Poland ↗archived ✓Volkswagen Group7 Oct 2023CostAnnouncedFunding
Costtotal investment of up to €1.7 billion (€ 1.35 billion after grants) by the end of the decade
AnnouncedNew European battery materials player IONWAY locates first production plant in Nysa, Poland
Cost€ 350 million in cash grants under the Temporary Crisis and Transition Framework
FundingThe Polish government strongly supports the investment in Nysa ‒ which is expected to create about 900 future-proof industry jobs in Nysa towards the end of the decade ‒ and is offering IONWAY € 350 million in cash grants under the Temporary Crisis and Transition Framework for a total investment of up to €1.7 billion (€ 1.35 billion after grants) by the end of the decade.
- [2]IONWAY – the PowerCo/Umicore JV – to locate its first production plant in Nysa, Poland ↗archived ✓IONWAY7 Oct 2023
- Polish Investment and Trade Agency (PAIH)Oct 2023
- Evertiq22 May 2025StatusStageCurrent dateInvestor
Statusrozpoczyna się budowa pierwszej w Polsce fabryki materiałów katodowych należącej do spółki Ionway
StageW Radzikowicach (przedmieścia Nysy, woj. opolskie), rozpoczyna się budowa pierwszej w Polsce fabryki materiałów katodowych należącej do spółki Ionway
Current dateRozpoczęcie produkcji planowane jest na pierwszą połowę 2026 roku
LocationW Radzikowicach (przedmieścia Nysy, woj. opolskie), rozpoczyna się budowa pierwszej w Polsce fabryki materiałów katodowych
InvestorIonway to wspólne przedsięwzięcie dwóch firm: PowerCo – producenta baterii należącego do grupy Volkswagen, oraz belgijskiej firmy Umicore, zajmującej się technologiami materiałów cyrkularnych.
- [5]Budowa fabryki materiałów akumulatorowych IONWAY na przedmieściach Nysy przebiega zgodnie z planem ↗archived ✓Mikrokontroler.pl26 May 2025