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Wyloo Metals to build battery materials processing plant in Ontario
Wyloo Metals, the privately held battery resources unit of Australia iron ore baron Andrew Forrest, has entered into a memorandum of understanding (MOU) with the City of Sudbury in Ontario to secure a parcel of land to build a downstream battery materials processing facility.
The facility will fill a critical gap in Canada’s electric vehicle (EV) battery supply chain by establishing Canada’s first mine-to-precursor cathode active material (pCAM) integrated solution, the City of Sudbury said in a news release.
Wyloo CEO Canada Kristan Straub said the facility would provide the missing piece in Canada’s aspirations to develop a domestic EV battery supply chain, by producing low-carbon nickel sulphate and nickel-dominant pCAM, key ingredients for EV batteries.
Wyloo is currently completing a scoping study for the project, with construction of the facility expected to begin after the construction of its proposed Eagle’s Nest mine. Mine construction is targeted to begin in 2027.
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- [Editor:邢亚敏]
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