The battery material’s price is set for a second weekly decline in China, while shares in lithium suppliers are falling.

The most successful example of a company that raised capital in Canada in its initial stages is Sygma Lithium Corp.

Carmakers “are waking up” to often overlooked anode material accounting for nearly half the mass of battery cells by inking upstream deals.

Industries from automobile manufacturing to oil and gas production are warning that Canada must invest more to match its largest trading partner.

A police probe into the billionaire siblings behind a fast-growing Chinese battery company has put a fresh spotlight on governance risks in the country.

The government’s move to limit investment from state-owned entities into Canada’s critical minerals resources is causing stress in the mining industry, says Frontier Lithium CEO Trevor Walker.

The company also raised its sales target for electric vehicles (EVs) to up to 40% of its total global sales by 2030.

Countries competing with China would need to spend $78.2 billion on batteries, $60.4 billion on components and $13.5 billion on mining.