The deals paint a hopeful picture at a time when demand for EVs has increased and the world looks to shift away from coal. Read on.
its three-year cobalt deal with Toronto-based Electra Battery Materials Corp. on Thursday morning, the Tesla Inc. supplier announced agreements to source lithium from Toronto-based miner Avalon Advanced Materials Inc. and Winnipeg-based Snow Lake Resources Avalon Advanced Materials Ltd., which is developing a lithium project in Manitoba.Start your day with a roundup of B.C.-focused news and opinion delivered straight to your inbox at 7 a.m., Monday to Friday.
“Basically, the door is now open for us to start working with some of the EV manufacturers that want to be able to get sure access to the battery material products,” said Avalon’s chief executive, Donald Bubar, adding that thewas a “very significant” first step towards finalizing a sales agreement with a “major processor.”
“We are seeing announcements every day with foreign manufacturers on shoring their production in order to comply and benefit from the act,” he said.
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Canadian miners eye more lithium deals after LG Energy signs three deals in 24 hoursThe deals paint a hopeful picture at a time when demand for EVs has increased and the world looks to shift away from coal. Read on.
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Canadian miners eye more lithium deals after LG Energy signs three deals in 24 hoursThe deals paint a hopeful picture at a time when demand for EVs has increased and the world looks to shift away from coal. Read on.
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Canadian miners eye more lithium deals after LG Energy signs three deals in 24 hoursThe deals paint a hopeful picture at a time when demand for EVs has increased and the world looks to shift away from coal. Read on.
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Canadian miners eye more lithium deals after LG Energy signs three deals in 24 hoursThe deals paint a hopeful picture at a time when demand for EVs has increased and the world looks to shift away from coal. Read on.
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