2023-05-27 05:31:32
Nemaska Lithium’s number one had already left. Number two goes away. What is the latest news with Nemaska’s project to operate a lithium mine in Whabouchi and a lithium hydroxide plant in Bécancour?
“The operation of the plant will be the responsibility of our partner Livent,” underlines the Minister of the Economy, Pierre Fitzgibbon, on the sidelines of the announcement of the results of Investissement Québec International.
“The investment we made in Nemaska with the partnership is worth a lot of money. The increase in costs, yes, it will cost more than originally planned. It’s a project that we’re going to announce soon that we’re very excited about. We will continue to put in money. It is the anchor that will allow the battery sector to develop. We are very happy with the investment and we will put more [argent]. »
Nemaska is owned 50-50 by Livent and the Quebec government. In its most recent quarterly report, Livent values its stake in Nemaska at US$450 million.
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