A Quebec lithium mine poised to become the only Canadian site actively producing the key battery metal has received the final government permit required to start up operations, according to developer Sayona Mining Ltd.
The regulatory nod from Canada’s Department of Fisheries and Oceans clears the way for the open pit mine near Val-d’Or in northwestern Quebec to begin producing lithium-rich spodumene concentrate in the first half of 2023, the Australia-based miner said Dec. 13.
Sayona purchased the project in 2021 in conjunction with U.S.-based Piedmont Lithium Inc., bundling it into a joint venture dubbed Sayona Québec. Sayona controls 75 per cent of the joint venture, while Piedmont owns the remaining 25 per cent interest. Along with holding a stake in the Quebec lithium project, Piedmont is set to become the mine’s largest customer.
Following those announcements, he expects the Sayona Québec joint venture to “worry about the remaining tonnage.”In fact, in North America’s nascent battery supply chain, Sayona Québec will be the sole supplier over the short-term.
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