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.

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Nemaska Lithium Inc > Market Rebound

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Comment by TFSAfundson Mar 10, 2020 7:38pm

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Post# 30790936

RE:RE:RE:RE:Market Rebound

mick, I do wish you wouldn't do that! Please supply the entire quote... it makes a big difference in what is said!

$90 million over five years for development of “critical and strategic minerals” such as lithium, cobalt, graphite, rare earth elements, niobium and titanium

Please note it is not a $90 million dollar investment in NMX this year, but an investment of that amount in various elements OVER FIVE YEARS. That precludes a direct investment in or a bailout of NMX, wouldn't you say?

mick1888 wrote: CalAB, the following quote taken from Quebec 2020 - 21 budget;

$90 million over five years for development of “critical and strategic minerals” such as lithium

enough said.... ;-)