RE:Volvo and Northvolt to develop sustainable EV batteries From 2019:
Northvolt’s lithium will come from spodumene ore mined in Australia and Canada, and it will be processed and refined into lithium hydroxide at plants located near these mines. ...
Northvolt’s Canadian supplier is Nemaska Lithium in Quebec, which has developed a new approach to making lithium hydroxide that relies on electrolysis. By running on hydroelectric power, the process will shrink the material’s carbon footprint.
This sounds well and good, but Nemaska reported in November that it will idle its mining and refining operations until it can raise more capital. “They have a huge cost overrun,” says Martin Potts, mining research director at the investment bank finnCap.
Nehrenheim contends that Northvolt will still be able to source enough lithium hydroxide elsewhere, but Potts is not so sure. Nemaska had agreed to supply Northvolt Ett with up to 5,000 metric tons of lithium hydroxide per year, which Potts estimates is about one-quarter of the lithium the gigafactory needs. “They could find they’re trying to start up a factory without the required raw material,” Potts says.
https://cen.acs.org/energy/energy-storage-/Northvolt-building-future-greener-batteries/97/i48
Here's hoping CRE can pick up some of NMX's slack.