Cobalt In Canada Cobalt in Canada
Tesla’s zero-cobalt ambitions aside, the rare metal is expected to have a continued use used in batteries, including EV batteries. Canada has a role to play and has been preparing its supply chain for the electric vehicle era.
“Industry players say Natural Resources Canada has been aggressively laying the groundwork for a comparable boom on Canadian soil. Last summer, the feds launched a $4.5 million Impact Canada challenge aimed at accelerating made-in-Canada battery innovation. The Canadian CEO of one leading cathode supplier to EV battery producers around the world, BASF Canada’s Marcelo Lu, says that Canada has all the right ingredients to become a major battery hub: “Canada is one of the few countries that has all the elements to produce a lithium-ion battery for electric vehicles.” For instance, he says, Canadian nickel, like that found in Sudbury, is naturally rich in cobalt (Canada has 3% of known cobalt reserves).” Corporate Knights
“First Cobalt is producing battery-grade cobalt sulphate at the company’s hydrometallurgical refinery in Ontario, 600 km from Canada’s border with the United States. It is the only fully permitted primary cobalt refinery in North America.” Northern Miner.