The company will look to complete, in different stages, a battery materials recycling plant, a modular nickel sulphate plant and a battery precursor materials plant to complete its Ontario battery park.
“Given a forecasted deficit in domestic cobalt sulfate production by 2025, we have received significant interest from industry and government stakeholders to build a second refinery in North America,” Electra’s CEO Trent Mell said in a news release.
“The industrial park in Bécancour, Québec, is quickly becoming an important future hub for EV battery materials in North America given its numerous advantages, including a deep-water port, extensive infrastructure, hydro-electric power, strong support from the Québec government, and a qualified work force,” Mell said.
Global commitments
According to Electra, the Bécancour industrial park has already attracted commitments and investments from global automotive and…
