Anya Bakul for The Logic

Here’s how Canada stacks up in the EV battery supply-chain race

Canadian governments have been on a spending spree to build a new industry around electric-vehicle batteries from the ground up. LG and Stellantis are together committing $5 billion to a battery plant in Windsor, Ont., while Bécancour, Que., is becoming an automotive hub in its own right, attracting a joint General Motors-POSCO venture and other multinationals as well as industry upstarts like StromVolt. Meanwhile, the country’s critical minerals strategy got up to $3.8 billion in the most recent federal budget.

Yet as the supply chain builds out, it’s becoming clearer that there are still holes. Canada uses 70 per cent of its domestic nickel for stainless steel instead of battery-grade nickel sulphate, and two-thirds of lithium mined in the West is shipped to China for processing amid a shortage of Canadian facilities that can process lithium bulk samples. 

To provide a look at how the nascent EV battery supply chain industry is developing in Canada, The Logic compiled battery announcements and reports from its archives and interviews over the past year, talked to experts and reviewed the operations of dozens of companies listed on the Toronto Stock Exchange and TSX Venture Exchange to find examples of critical mineral miners.

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