New mineral processing plants touted as 'missing link' for Ontario's EV industry

  • 📰 CBCTBay
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 63%

United States News News

United States United States Latest News,United States United States Headlines

Plans to build a Volkswagen electric vehicle battery plant in St. Thomas Ont. are announced at the Elgin County Railway Museum in St. Thomas, Ont., Friday, April 21, 2023.

A Canadian mining company will announce plans Thursday for two new processing facilities that its CEO says will provide the 'missing link' in Ontario's plans for building a full-fledged electric vehicle industry.Premier Doug Ford's government is trying to position Ontario as a start-to-finish location for electric vehicle manufacturing, from mining the materials for EV batteries, forging the steel for the vehicle bodies, to final assembly.

"We're going to see nickel demand double or triple over the next 10 years as we gear up battery production here in North America," said Mark Selby, chief executive of Canada Nickel, in an interview with CBC News.into production incentives for EV battery plants located in southern Ontario, which could be fed by minerals from northern Ontario.

"The key piece that's missing is this first-stage conversion, after you take the products from the mine and then turn them into a usable product," he said. "Being able to provide that processing capacity that provides that missing link is vitally important."Ontario's Minister of Mines George Pirie calls the plan a tremendous opportunity that takes advantage of the province's mineral resources.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 42. in US

United States United States Latest News, United States United States Headlines