Quadra FNX outlines 3.4bn pound resource at Sudbury

"While a large number of countries around the world continue to talk about securing raw material supply, China is actually doing something about it."

The lithium mine operated by Australia's Green Technology Metals could become the province's first lithium producer.

El Salvador became the first country in the world to ban all forms of metals mining in 2017.

Shares of Arcadium Lithium rose about 7% in extended trading after the company said that about 98% of its shareholders had voted in favor of the sale.