RE:Quebec Government Strategy on Lithium coming up this fall I put the google translation and more readable than in French with those missed letters
The Minister of
the Economy, Pierre Fitzgibbon, present at the launch of the study, to the strategy of development of the lithium-ion battery industry in preparation at Investissement Qubec and will be launched this fall.
For the moment, Quebec has been exploited from lithium mines. A development plan must be highlighted according to KPMG. It is very different from these batteries, including graphite, cobalt, nickel and iron.
Fitzgibbon was very clear.
At the mining level, we have no choice: we must control the ore. We do not want the product to go to me, I want it to be converted here. How far do we have to go? It will depend on the appetite of private to follow us.
We must invest in this second phase. I think the government will have to play a very important role there and talk to foreign partners.
The next step would be to create a factory that would manufacture batteries, an extremely expensive project, but certainly interesting for the private sector in the future.
If we want to go to the manufacture of battery modules, these are major projects in terms of capital. Of course, the Quebec government will not be the main shareholder, but I think we can be the catalyst, Fitzgibbon said.
Also, a dedicated recycling network should also be established to take full advantage of the presence of materials already processed and, possibly, collect from outside Quebec.
Pierre Fitzgibbon says the government is ready to do its part upstream and downstream of projects and act as a catalyst and project partner. Although the market is not yet as robust as it should be, he is convinced that the private sector will be very interested in moving to Quebec to benefit from both its resources and its expertise in electricity and research and development.
The minister is strongly in favor of developing the entire supply chain from ore to the power cell and the surrounding ecosystem, recycling end-of-life batteries and rebuilding new ones. that Quebec can no longer afford to see its natural resources come out of the province in its raw state to come back as a finished product.