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Nemaska Lithium Inc NMKEF

Nemaska Lithium Inc is a Canada based lithium company. It is engaged in exploring and evaluating lithium properties and processing of spodumene into lithium compounds in Quebec, Canada. The company supplies lithium hydroxide and lithium carbonate to the lithium battery industry used in electric vehicles, cell phones, tablets, and other consumer products.


GREY:NMKEF - Post by User

Comment by Tcheckon Mar 05, 2020 9:33am
51 Views
Post# 30769630

RE:RE:so early in the game and already 400 miles

RE:RE:so early in the game and already 400 milesTcheck... and sadly, GM decided to partner with LG Chem and build a $2.3 billion plant in Ohio to make them. Now if only they had invested in Quebec, they could have controlled the whole process from mine to finished battery product. For labour, they could have hired Mexicans from Ontario that finished harvesting tobacco or grapes and used them during the winter months... lol (with sincere apologies to the Mexicans! Long live USMCA... lol) Do we keep hearing the "if only's", "what could have been", "could'a, would'a, should'a"...

the americans want it
the americans need it
and the canadians have it .
supply and demand

lg chem supplies ohio plant with lithium cells produced in korea and poland dummy .

and they got government subsidies , incentives and grants  all along the way .

Barra ( GM) declined to what incentives may have been provided by Ohio and said that the White House had been made aware of the project.

LG Chem of Michigan

As initial sales of the battery-powered Volt faltered, LG Chem delayed production and shipped batteries for the car from its Korean plants.

Rather than laying off its workforce at the Holland plant, LG Chem kept most of them on the payroll as they cleaned equipment, played board games, watched movies, and volunteered in the community.

n February, the U.S. Auditor General investigated the plant and asked LG Chem to repay $842,000 of its $151 million federal stimulus grant

 "if only's", "what could have been", "could'a, would'a, should'a"...
tsfa funds have read a little bit he would know better

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