Snow Lake will provide enough lithium for 5 million electric car batteries over 10 years

Snow Lake Lithium announced today that it plans to produce enough lithium from its operations in Manitoba, Canada to manufacture approximately 5 million electric car batteries for the North American market over 10 years from 2025. In a press release shared with Clean Technica, Snow Lake CEO Philip Gross said, “As we move rapidly towards electrification, it is critical to the future of the North American automotive industry that we build a battery supply chain from rock to the road. Local sourcing of critical raw materials such as lithium is the only logical step to creating a vertically integrated national supply chain.

“Snow Lake Lithium has access to a rich lithium resource and is on the doorstep of North American manufacturers. That’s enough lithium to power 500,000 electric vehicles per year produced in North America, which would significantly reduce the logistics and emissions that would be created by importing raw materials from China.

Image courtesy of Snow Lake Lithium

With the passage of the Inflation Reduction Act in the United States last month, access to lithium supplies from North America will become essential for American automakers who want their electric cars and trucks to qualify for rebates. tax and other incentives included in the new law. But while access to lithium is important, extracting it in an environmentally friendly way is a challenge.

As Philip Gross said Clean Technica Jo Borras earlier this year, Snow Lake promises to be a “safe” lithium producer. It will use hydroelectric power exclusively. Its mining equipment is powered entirely by electricity and it will use light rail systems to get its products to market instead of using ships or trucks. All of these measures will minimize the environmental cost of mining lithium from the ground with “hard rock” mining, which the company says is more environmentally friendly than mining lithium from ponds. brine.

Snow Lake Lithium is ideally located to serve the North American automotive industry with access to the US rail network via the Arctic Gateway Railroad. This will reduce transport from thousands of kilometers by road and ship to just a few hundred kilometers by train.

To enable seamless supply chain integration, Snow Lake Lithium plans to form a joint venture to establish a lithium hydroxide processing plant and is seeking a partnership with an automaker or battery manufacturer to complete the project. Mercedes and Hyundai have already begun seeking lithium suppliers in Canada to help them meet US battery material sourcing regulations that come into effect on January 1, 2023. The proposed lithium mine will be located in CentrePort Canada, in southern Manitoba. An exploratory study is already underway to determine the most efficient way to build a world-class lithium hydroxide plant in Manitoba.

Image courtesy of Snow Lake Lithium

The 55,000 acre site where the Snow Lake operation will be located is expected to produce 160,000 tonnes of 6% lithium spodumene per year over a 10 year period. Currently, Snow Lake Lithium has explored approximately 1% of its site and is confident that continued exploration will increase estimates over the next year. Over the next few months, the company will continue its technical assessment and drilling program at its site, with the expectation that mining operations will transition to commercial production targeted for 2025.

“Snow Lake Lithium is committed to creating and operating a fully renewable and sustainable lithium mine that can provide a fully traceable, carbon neutral and safe product for the North American electric vehicle and battery markets. We not only aspire to set the standard for responsible lithium mining, but we intend to be the first lithium producer in the world to achieve Certified Company B status in the process.

The United States has shone the spotlight on the source of the materials used to make batteries for electric vehicles sold in the United States. Snow Lake is well positioned to step into the spotlight and provide the lithium the United States needs to drive the electric vehicle revolution forward.

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