Wyloo Metals to build battery materials processing plant in Ontario

Date:

Wyloo CEO Canada Kristan Straub said the facility would provide the missing piece in Canada’s aspirations to develop a domestic EV battery supply chain, by producing low-carbon nickel sulphate and nickel-dominant pCAM, key ingredients for EV batteries.

“Recognizing the global demand for electric vehicles and other clean technologies, Canada has invested over C$40 billion to date to establish the country as a global hub for the EV industry. While we commend this investment, it has exposed a significant gap in the North American EV supply chain, specifically, the conversion of ore to battery chemicals,” Straub said.

“The urgency to bolster North America’s capacity for processing metals… has never been more apparent. Our facility will be the missing piece that builds the capacity to process battery materials right here in Sudbury.”

Nickel for the facility will be supplied by Wyloo’s proposed Eagle’s Nest mine in the…

Read more…

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Tampa RV giant Lazydays to delist from Nasdaq

Tampa-based Lazydays Holdings Inc., one of Florida’s most recognized...

Granite Geek: New Hampshire might get access to ‘balcony solar’

I had solar panels put on my roof six...

TSX Today: What to Watch for in Stocks on Monday, November 10

Despite firm gold and silver prices, Canadian stocks...

While BNB and DOT Struggle Under Market Pressure, BlockDAG’s Presale Soars Past $435M!

As market-wide fear grips the sector, the Binance Coin...