#FinancialPost: #Canada Nickel planning $1-billion #Nickel processing plant in #Ontario for #EVs
Mining firm Canada Nickel Co. Inc. plans to develop a nickel processing plant in Ontario that would cost US$1 billion and be North America’s largest once completed.
The plans aim to fill a gap in North America’s electric vehicle supply chain, which broadly lacks the infrastructure to process and refine key materials like nickel, copper and lithium. The vast majority of metals that are extracted from mines in the region are shipped to China for processing, before returning to North America for domestic auto manufacturers.
Read more at: https://financialpost.com/commodities/mining/canada-nickel-plans-1-billion-ev-nickel-plant-ontario
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