TSXV:FL - Post Discussion
Post by
RAFFL007 on Feb 05, 2024 8:42pm
We need Canadian mines.....
Canada will be paying more than $30 billion in incentives to build three battery plants in the coming years, all of which will require battery raw materials such as lithium. But he doubts Canada can supply these battery plants, which are expected to start production in the next few years, with the metals they will need.
“People are going to be in shock in a few years’ time when they realize that these factories are going to be supplied with lithium from West Africa or Brazil,” he said, adding there is a need for the government to support Canada’s mining projects and explorers.
https://financialpost.com/commodities/mining/lithium-miners-trying-survive-slumping-prices?utm_source=flipboard&utm_content=topic%2Fcanadiannews
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