The mining of critical minerals is essential to Canada's growth in the electric vehicle sector, said Prime Minister Justin Trudeau and Premier Doug Ford on the occasion of a “historic” and “generational” $15-billion investment by Honda Motor Co. in southern Ontario.
In the stalled decades-long government process to do that, Premier Doug Ford expressed confidence that a forthcoming deal with Aroland First Nation will help make a crucial next step in the construction of a north-south access road to the Far North mineral belt. This is the third electric vehicle battery manufacturing plant in Ontario that the province and the federal government are assisting following significant investment dollars for the Stellantis LG plant in Windsor and a Volkwagen plant in St. Thomas.
Honda did say it’s vertically integrated Ontario supply chain will include some processing capability with a new precursor material processing facility formed through a joint venture partnership with POSCO Future M Co., Ltd., a South Korean battery materials company, along with a separator facility through a joint venture partnership with Asahi Kasei Corp., a Japanese chemical company.
Trudeau responded that Canada is widely regarded as a responsible and reliable supply chain partner when it comes to upholding labour standards, working with Indigenous people, and doing what’s right on the environmental front to offer a clean product to the world.
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