Under the agreement, Imagine Lithium will grant a total of 3 million common share purchase warrants to the First Nations groups, with each receiving 1 million warrants.
Pent-up demand, supply shocks, low stocks pushed aluminum, copper and coal prices to all-time highs, but new report suggests supercycle talk is premature.
The joint project would produce black mass, a metal concentrate containing nickel, cobalt, manganese, lithium and graphite that is suitable for hydrometallurgical refining.