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By Shane Lasley
Metal Tech News 

LG inks two Ontario battery metal deals

Ontario's critical minerals strategy is drawing battery makers Metal Tech News - September 28, 2022


Last updated 3/14/2023 at 11:43am

Aerial view of Electra’s hydrometallurgical cobalt refinery in Quebec, Canada.

Electra Battery Materials Corp.

LG Energy Solution has agreed to purchase 7,000 metric tons of cobalt from Electra Battery Materials' refinery in Ontario over a three-year span starting in 2023.

When Ontario unveiled its critical minerals strategy earlier this year, the idea was to leverage the rich mineral endowment in the northern reaches of the province and the established manufacturing in the south to attract investment from some of the biggest names along the electric vehicle supply chain. With LG Energy Solution, one of the world's largest lithium-ion battery companies, inking tw...

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