Now that his quest to establish end-to-end electric vehicle production in the province has landed two battery plants, Ontario Economic Development Minister Vic Fedeli is setting his sights on lithium hydroxide, a critical component of those batteries.
TORONTO — Ontario Economic Development Minister Vic Fedeli calls it the"sleeper story" of the province's massive auto industry transition.
Electric vehicles — at the moment — run on lithium ion batteries, made up of a cathode, anode, separator and a liquid electrolyte to allow lithium ions to move between the cathode and anode. "Everybody's looking for a dance partner in the next year. So while the window of opportunity is open right now, it's going to start to close in the next year, because everybody's got to get going ."Quebec mines lithium, and there are other worldwide sources including from Australia and South America, but there are also a few advanced state exploration projects underway in Ontario, said Chris Hodgson, president of the Ontario Mining Association.
The geological map of Ontario would suggest there are"huge swaths" of the province that have potential for lithium discoveries, and setting up a lithium hydroxide facility could spur more exploration, said Jeff Killeen, the director of policy and programs for the Prospectors & Developers Association of Canada.
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