Lithium mine developer looks for infrastructure funding to reach the EV market

  • 📰 tbnewswatch
  • ⏱ Reading Time:
  • 69 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 31%
  • Publisher: 51%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

Frontier Lithium’s PAK Project has a 24 years of mining life, but it needs government to fund the path forward

Tucked up in a remote corner of northwestern Ontario, Frontier Lithium and president-CEO Trevor Walker are sitting on one of the largest, highest grade and mine-ready lithium projects in North America.

The total project life is 24 years. Ongoing exploration at PAK shows there’s more lithium to last for decades more. But in an interview with Northern Ontario Business, he acknowledges the lack of infrastructure is hindering them from unlocking the full potential of a viable project that has the legs to last multiple generations.

The prefeasibility study confirmed to Frontier that PAK could be this continent’s largest and lowest cost producer of lithium hydroxide, the much-coveted battery-grade material that’s in demand by battery and car-makers like LG Energy Solution, Stellantis, Umicore and Volkswagen, now setting up battery plants in southern Ontario.

But unlike the drama of the nickel and chromite play 500 kilometres to the east, Walker said they maintain solid and supportive relationships with the neighbouring Oji-Cree communities of Treaty 5 in whose traditional lands they operate. “We’re pretty excited to essentially have three-quarters of the distance to our project that’s fully permitted and awaiting funding.”

The design for a $25-million engineered timber bridge is in and the wait is on for Ottawa to deliver funding, hopefully by 2024, to start bridge construction over a two-year period. As Frontier moves closer to a production decision, there will be impact benefit agreements with the communities to be signed.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 75. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Sudbury lithium mine developer looks for infrastructure funding to reach the EV marketFrontier Lithium’s PAK Project has a 24 years of mining life, but it needs government to fund the path forward
ソース: sudburydotcom - 🏆 6. / 89 続きを読む »

New Vancouver jewelry brand looks to shake up industry with 'posh-punk' designsXander Jane founder created jewelry that\u0027s \u0027punk without the politics.\u0027
ソース: VancouverSun - 🏆 49. / 61 続きを読む »