The company is looking to increase its copper production to 150,000 tons a year by 2028 from around 30,000 tons in 2023.

The tariff rate on natural graphite and permanent magnets will increase from zero to 25% in 2026.

Australian-based Atlantic Lithium has taken a step toward raising capital from equity investors in the country.

The parks will produce mixed hydroxide precipitate and nickel and cobalt sulphate, used in the making of EV batteries.

The Mann Northwest property is located east of Canada Nickel’s wholly owned Crawford nickel project, now under construction.

The project, called Electro Mobility Materials Europe (EMME), aims to cover 20-30% of France's nickel and cobalt needs for electric vehicles by 2030.

CBMM sold 600 tons of niobium oxide for batteries in scooters and other small vehicles last year as part of a test project.