Canada Set to Outperform U.S. in Lithium Supply Chain

Canada’s efforts to ramp up lithium supply is expected to come to fruition with a strong growth throıgh 2031 and outperform the United States. Canada’s current solid project pipeline, potential investments into petroleum brine production techniques in Alberta, and soaring battery and electric vehicle (EV) manufacturing bases in Quebec and Ontario give the country an edge in the medium term due to its friendlier regulatory environment.

Canada’s mine permitting times are shorter than those of the U.S., and the Trudeau government has proposed a C$3.8 billion spending in April to support the mining industry, which includes the creation of infrastructure for remote projects. C$1.6 billion were allocated for critical minerals projects.

Critical Elements Lithium’s Rose, Sayona Mining’s Authier, and Sayona and Piedmont Lithium’s jointly owned La Corne projects in Quebec are set to start producing in 2023. They are expected to add an output of over 50,000 tonnes of lithium carbonate equivalent (LCE). La Corne targets a total production capacity of 265,000 tonnes per year in the longer term, assuming its planned expansions are authorized and financed.

Nemaska Lithium’s revived Whabouchi mine, also in Quebec, is expected to become operational in 2025 and add another 52,500 tonnes annually.

These projects are backed by an additional 20 projects with longer term outlooks. They attract growing interest from manufacturers who continue providing funds for upstream projects.

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