J-Star Holding Stock Surges 125% Friday: What's Driving The Action?
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J-Star Holding Co Ltd (YMAT) shares surged 128.90% to $0.55 on Friday, driven by news of advance financing for a proposed solid-state battery facility in Texas. The company has entered a new MOU with White Group to secure a $100 million investment for construction and technical development at the Baytown site, complementing a pending U.S. Department of Energy grant application. CEO Jonathan Chiang emphasized the importance of this agreement in building a secure domestic supply chain for the aerospace and defense drone markets.
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