Canada seeks to develop an electric vehicle supply chain, shift toward greener cars
Canadian critical mineral miners like Nouveau Monde Graphite IncNOU.V, Nemaska Lithium Inc, Electra Battery Materials Corp ELBM.V, and Avalon Advanced Materials Inc AVL.TO want to meet the demand.Vancouver company converts gas vehicles to EV’s
Electra is expanding a refinery for battery-grade cobalt and nickel sulfate in Temiskaming Shores, Ontario, and aims to produce materials needed for lithium-ion batteries by 2025, according to CEO Trent Mell. “What we’ve needed all along is to show the potential end-users in the manufacturing space that the province is willing to help create the supply chains on the critical materials they need in their technologies,” Avalon CEO Donald Bubar said.But BHP Group Ltd BHP.AX, the world’s largest listed miner that moved its copper and nickel exploration offices to Toronto last year, needs help to meet emissions targets in order to deliver critical minerals.
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