Canadian Manufacturing

Nemaska Lithium prepares to break ground on Que. lithium hydroxide plant

Company secures first SDTC funds, sets stage for first-quarter construction

February 2, 2016  by Canadian Manufacturing.com Staff

QUEBEC CITY—With funds from Sustainable Development Technology Canada in hand, Nemaska Lithium Inc. is moving forward with plans to start construction on its Phase 1 Lithium Hydroxide Plant in Shawinigan, Que.

The lithium producer and processor, which intends to break into the growing market for lithium batteries, says it has received the first installment of $2.1 million from the federal government’s cleantech investment arm and will start construction on its processing plant shortly. The final hurdle to development is the re-zoning approval process with the City of Shawinigan, which Nemaska said should be completed shortly.

“The agreement with SDTC and the successful re-zoning of the site are significant milestones that will enable us to launch the construction of the Phase 1 Lithium Hydroxide Plant,” Guy Bourassa, the company’s president and CEO, said. “With the official launch of our Phase 1 project, we are looking forward to working with our community partners both locally and regionally.”

SDTC will ultimately contribute $12.87 million in grant money to Nemaska’s plant, which is designed to produce 500 tonnes of high-purity lithium hydroxide per year.

Advertisment

Nemaska expects construction to be completed in the fourth quarter of 2016.


Print this page

Related Stories