With an estimated 2.5 percent of the world’s lithium supply, Canada is set to play a major role in the automotive industry’s EV transition. But while the country enjoys rich reserves of lithium and other rare earth materials that can be used to manufacture EV batteries, getting these resources out of the ground can be a lengthy process wrought with political and financial setbacks.
According to a report from Automotive News Canada, the provincial government in Quebec has stepped up to support lithium mining and processing in the province as it looks to take advantage of the country’s mineral reserves.