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With electrical vehicles poised to explode in coming years, a Sudbury company is hoping to establish what it calls a “battery ecosystem” in Northern Ontario.
“You need to have a lithium mine first, and mines will build chemical plants,” said Bora Ugurgel, manager of investor relations with Frontier Lithium, based in Val Caron.
The junior mining company is developing a lithium mine in northwestern Ontario that hosts the “highest quality deposit in North America,” he said, and expects a processing facility can also take shape in our region.
In Quebec, “competitors are trying to build a mine, concentrator and chemical plant all at the same time,” said Ugurgel, but his company’s focus is to make sure the supply of high-grade lithium is available first.
“The moment you have the mine, then you will get into creating a chemical factory, which will create the chemicals that go into battery making,” he said. “And the last step of that is you need a battery manufacturer that will take that material and put the anodes and cathodes and electrolytes together to produce the battery.”
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