Ford, partners pick Canada for $900m battery materials plant
The factory in Quebec will eventually produce 45,000 tonnes of cathode active materials per year.
The factory in Quebec will eventually produce 45,000 tonnes of cathode active materials per year.
A perfect storm of tight supply that spans minerals, oil, gas, food and water is approaching.
Granite’s Carmacks project, some First Nations property and the past-producing Minto Metals mine would form a 30-year operation able to produce 2 billion lb. copper.
The metal industry has speculated whether HKEX might sell either the LME or its clearing house, LME Clear, after a chaotic period last year.
A presidential election is due on Feb. 14 and the elected candidate will be sworn into office in October next year.
Nickel and cobalt supplies are unlikely to satisfy demand, S&P Global said in a report.
Fresh equity will be deployed across TechMet’s ten assets, which aim at reducing the west’s dependence on China for critical minerals.
According to TMC, this registered direct offering is on significantly above-market standard terms, and is led by its largest shareholder.
China holds at least 60% of the world’s manufacturing capacity for most mass-manufactured technologies.
Since the Inflation Reduction Act was signed into law one year ago this week, there’s been $59 billion in new EV investments announced in the US.