Canada moves up to second on ranking of battery producersBloombergNEF recently moved Canada up to second on their global ranking of battery producing countries. Canada has also announced $15 billion in investments over the past 10 months into critical mineral mining, battery manufacturing, and EV production.
Canada is set up to be a big time supplier of batteries and LBNK could play a role in meeting high demand.
So much potential with LBNK's advantage in western Canada along with massive amounts of land. Lithium demand is obviously extremely high and will only continue to get much higher over the long run with demand for EVs growing.