Canadian Phosphate Announces Acquisition Of Diamond Mountain Phosphate Project In Utah - TradingView
Diamond Mountain Phosphate Project
May 31, 2026
J-Star Holding has initiated the acquisition of YMA, an electronics manufacturing business in Texas, for a $60 million sovereign-backed financing allocation. YMA supports advanced battery manufacturing expansion, and the planned 100MWh solid-state battery line will be built in Baytown within the Greater Houston industrial corridor under YMA(TX) INC. The electronics manufacturing acquisition is tied to a US$122.5 million Baytown infrastructure investment aimed at scaling solid-state battery production for U.S. customers. The platform acquisition is strategic, with J-Star preparing to select designated banks in the U.S. to apply for the $60 million loan facility under Central Bank of Taiwan guidelines, supporting manufacturing deals TX and TX acquisitions.
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