Canadian Miner Plans $1 Billion Nickel Processing Plant for EVs.

Canadian mining firm Canada Nickel Co Inc. plans to build a $1 billion nickel processing plant in Ontario, which would be the largest in North America. The plant aims to address the lack of infrastructure in North America for processing key materials like nickel, copper, and lithium for electric vehicle production. The company also intends to construct a stainless steel and alloy production plant, costing an additional $2 billion. Canada Nickel plans to seek funding from the Canadian and Ontario governments for the projects. The CEO expects demand for North American nickel to increase as governments and automakers seek domestic sources of battery metals. [Extracted from the article]