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  • September 23, 2022
  • Industry News
Thunder Bay edges closer to building a lithium processing plant

Avalon Advanced Materials in talks to secure supply agreement with South Korean battery maker LG Energy Solutions

South Korean lithium-ion battery maker LG Energy Solution (LGES)  is looking to Northern Ontario to secure its raw material supply chain..

Hours after inking a three-year cobalt deal with Electra Battery Materials to source cobalt sulfate from its Temiskaming refinery starting next spring, LGES has entered into negotiations with Kenora lithium mine developer Avalon Advanced Materials to supply them with battery-grade lithium hydroxide by 2025.

It could secure a funding partner that will help Avalon build a much anticipated lithium refinery in Thunder Bay by next year.

Read the entire article from Northern Ontario Business

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