The company will use the funding to expand its La Corne mine in Abitibi, Quebec, increasing lithium production capacity for North American battery manufacturing
← All storiesCritical Minerals · North America May 12, 2026
North American Lithium secures up to $145 million from Canada Growth Fund to expand its Quebec lithium mine.
The company will use the funding to expand its La Corne mine in Abitibi, Quebec, increasing lithium production capacity for North American battery manufacturing. Lithium is a critical mineral needed for electric vehicle batteries and energy storage systems. This investment supports Canada's strategy to become a key supplier of battery materials as the world transitions to clean energy.
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Defense Metals Corp. · 2026-06-02
Defense Metals Corp. is a Toronto-based rare earth elements developer focused on reducing North American dependence on Chinese supply chains.
Defense
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Central Asia Metals · 2026-06-02
Central Asia Metals is a London-listed copper and zinc producer with operations across Kazakhstan, North Macedonia, and Armenia. The company has
Canada's lithium reserves could supply half of global demand to 2050. Its grid is 84% non-emitting. The IEA ranked Canada first globally for EV supply chain potential in 2024. The question is whether Canada converts structural advantage into industrial capacity before the window closes.
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