+44 207 394 30 90 (London)

Canadian lithium-tech companies find traction amid rise of electric cars

Main » News » Canadian lithium-tech companies find traction…

On Tuesday, Prime Minister Justin Trudeau travelled to Burnaby, British Columbia to announce his latest climate change initiative at the pilot plant of an upstart company that’s tinkering with lithium-ion battery technology.

His choice of venue revealed much about the opportunities in Canada as a new supply chain takes shape around the growing electric vehicle industry, which relies on lithium-ion batteries, not oil.

Although mining has been a historical strength in Canada, the latest rush around battery metals may end up providing more opportunities to this country’s fledgling technology sector. It is companies such as Nano One Materials Inc., whose facilities Trudeau visited, as well as lithium brine extraction and recycling companies that are generating publicity, drawing investments, partnerships and government support for their plans to build businesses around the rising demand for lithium.

“Our model is really to form partnerships with the large established players and license out our technology,” said Dan Blondal, chief executive of Nano One. “They’re going to be better at supply chains … but what we are good at is process innovation.”

Source: https://business.financialpost.com


Livent ‘reviews expansion plans’ on falling lithium prices, lowers revenue guidance

North American lithium producer Livent has revised down its financial guidance for fourth-quarter as well as full-year revenues, and is reviewing potential changes to its planned capacity expansion road map, it said on Tuesday January 7. Livent reduced its expected fourth-quarter revenue to $75-80 million from $90-100 million and its full-year revenue to $385-390 million…

What’s behind lithium mining? Here’s all you need to know

As demand for electric vehicles increases, so does demand for the metal. Demand is growing across the globe for lithium extraction, mainly driven by the increasing use of lithium in electronic battery technologies and electric vehicles. But where does lithium come from and how is it produced? Here’s an explainer with everything you should know,…

Lake Resources (ASX:LKE) brings mining expertise to their board

Lithium explorer and developer Lake Resources (LKE) have today announced Dr Robert Trzebski will join their board. Robert is an international mining executive with significant expertise in mining. His career in project management and mining services spans over 30 years, and he holds a PHD in Geophysics as well as a masters in project development….