Chapter 72: Let's Start the Meeting Part 1
The moment Timothy said the meeting was about to get started, the executives' faces turned serious. He could see the determination on their faces, and how they prepared for this meeting.
"We should start with who we are going to work with to build the gigafactory," Timothy said, looking at Vaughn who was assigned to handle it.
Vaughn cleared his throat as he began. "The companies we shortlisted fall under EPC—Engineering, Procurement, and Construction—firms that specialize in large-scale industrial projects. Each has the experience and resources to deliver a gigafactory, but the trade-offs will matter."
He tapped a key, and the screen displayed the first name.
"Fluor Corporation." Vaughn's voice was steady. "American firm, one of the largest EPC contractors globally. They have the technical expertise and manpower to build a facility of this scale in record time. Their record in Asia includes refineries, power plants, and advanced manufacturing facilities. Trade-off: they're expensive. Their bids are usually twenty to thirty percent higher than competitors. But if speed is your top priority, they can put the shell of the gigafactory up in as little as twelve to fifteen months."
The slide shifted.
"Next, Samsung C&T." Vaughn continued. "They're South Korean and have extensive experience in high-tech industrial construction. They built semiconductor fabs, battery plants, and even large-scale infrastructure in record time. They also have the advantage of being closer to the Philippines, which means lower logistics costs and faster mobilization. However, their contracts tend to be rigid. Change orders or design adjustments during construction will cost heavily."
He switched again.
"Then there's Bechtel." The company's logo appeared on the screen. "American again, but more flexible in terms of partnerships. They've been involved in large projects across Asia and the Middle East. They can handle complex, multi-phase builds, and they're willing to joint-venture with local firms to reduce cost. The downside: timelines are longer. With Bechtel, we'd be looking at twenty to twenty-four months before full commissioning."
Timothy leaned forward slightly, his eyes fixed on the screen. Vaughn pressed on.
"Finally, Hyundai Engineering & Construction." Vaughn's tone sharpened. "They've recently expanded into EV-related facilities in Southeast Asia. They're aggressive, competitive in pricing, and fast. They can deliver a plant in around eighteen months if everything goes smoothly. But their weakness is quality control—several of their projects had issues with post-construction maintenance and equipment calibration."
The slides faded, and Vaughn folded his hands on the table. "So, the trade-off is clear: Fluor for speed but at high cost, Samsung for advanced expertise but rigid terms, Bechtel for balance but longer timelines, and Hyundai for competitive pricing but higher risk of post-construction issues."
He paused, letting the weight of the options hang in the air. "In short, if we want a plant operational by late 2026, Fluor or Samsung are our best bets. If we're willing to compromise on time for cost savings, then Bechtel or Hyundai could work. But in my professional opinion, for a battery gigafactory, precision and speed are non-negotiable. My recommendation leans toward Samsung C&T. They've built similar facilities in Korea and China, and they know this industry better than most."
Timothy hummed in thought. "If you think they are the best bet for a gigafactory then we will go for them. But what about the lithium refinery? The cathode and anode, the data centers?"
Vaughn tapped again, bringing up a new slide: Support Infrastructure.
"First: Lithium Refinery." Vaughn pointed to a schematic of a processing plant. "The Philippines doesn't have existing facilities capable of refining lithium carbonate or hydroxide to the purity required for LithiumX. We'll have to import raw concentrate—most likely from Australia, Chile, or Argentina—and refine it locally. Two firms stand out for partnerships:
Ganfeng Lithium (China) – one of the largest lithium refiners globally, highly advanced but politically sensitive due to potential geopolitical risks.
Albemarle (USA) – strong reputation, stable supplier, but slower in committing to overseas joint ventures."
He tapped again. "Trade-off: Ganfeng can deliver equipment and expertise fast, but we risk heavy dependence on a Chinese supplier. Albemarle is safer geopolitically but slower, which could delay ramp-up."
Timothy's expression hardened as he absorbed the information. Vaughn pressed on.
"Second: Cathode & Anode Production." The slide switched to images of chemical reactors and coating machines. "For cathodes, we need to process nickel, cobalt, and manganese into NCM compounds—or adapt to LithiumX's proprietary mix. Anode side requires high-purity graphite or silicon blends.
Options here include POSCO Chemical from South Korea, and BASF from Germany. POSCO already supplies to multiple EV manufacturers in Asia, while BASF has advanced R&D into silicon-anode integration. Both can license tech and set up joint facilities."
He looked directly at Timothy. "These can be built in parallel with the gigafactory, but it adds complexity. Samsung C&T can oversee integration, but we'll need to decide whether to cluster all of them in one industrial park, or spread them out to hedge risks."
"Third: Data Centers." Vaughn changed slides again, this time showing a futuristic render of a server facility. "Since LithiumX batteries come with integrated software for smart charging, monitoring, and AI-driven optimization, we need local data centers. These won't be as massive as the factory, but they're critical. Candidates:
ST Telemedia (Singapore) – reliable, already expanding in the Philippines.
PLDT Enterprise – local, strong in infrastructure but slower in scaling high-demand cloud computing.
Amazon Web Services (AWS) – can handle the global load, but costlier and dependent on external hosting."
He leaned back, folding his arms. "In my assessment, Samsung C&T for the gigafactory, POSCO or BASF for cathode/anode, Albemarle for lithium refining, and ST Telemedia for data centers would form a strong backbone.
The room went quiet again, everyone digesting the scale of what was being proposed.
"And the equipment and materials needed?" Timothy asked.
"I worked with our CTO, Dr. Akira Sato, and he suggested that we work with Panasonic Energy as a technical partner," Vaughn explained. "They already have a deep background in cell manufacturing equipment—coaters, mixers, formation machines, quality control rigs. Their machinery is proven, reliable, and tailored for high-yield production. Trade-off is cost; Panasonic charges a premium, and they'll insist on embedding their own technical staff during commissioning."
The screen shifted again, this time showing a list of machinery suppliers.
"For alternatives," Vaughn continued, "we could approach Wuxi Lead Intelligent Equipment from China. They're aggressive on pricing and have supplied half the world's EV battery factories. They can ship equipment fast and set it up in under twelve months. But the trade-off is intellectual property risks and overdependence on a single market."
He gestured toward the next slide. "On the European side, Manz AG from Germany. Smaller scale, but top-tier in automation. They provide precision equipment—laser notching, electrode stacking, and advanced robotics. Their integration is cleaner, but they don't have the manpower to roll out multiple production lines quickly. Think quality over speed."
Vaughn folded his hands, glancing toward Akira on the big screen. "Dr. Sato is clear—if we want LithiumX to work, we can't cut corners on equipment calibration. His recommendation leans toward Panasonic for core lines, supplemented by either Manz or Wuxi depending on budget and timeline."
Akira gave a short nod on the video feed.
"LithiumX is not conventional chemistry. Variances in coating thickness, drying time, or electrolyte filling will cause major yield losses. If you want a stable 90–95% yield from the start, Panasonic is safest. Cheaper suppliers will get us up and running faster, but we risk early failures that could cripple our reputation before we even launch."
The weight of his words settled over the room.
Timothy pressed his palms against the table and leaned forward slightly. "So—Samsung C&T for the build. Albemarle for refining. POSCO or BASF for cathode and anode. ST Telemedia for data. And Panasonic for core equipment. That's the ecosystem we're laying out."
Mei Ling Tan, the CFO, interjected. "That combination will cost north of $4 to $5 billion USD by conservative estimates. And that's just the construction of itself, it doesn't cover the raw materials required."
Timothy sighed. "Very well. Proceed with your report."