Delta company opens lithium refining plant with first-in-North-America technology
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Mangrove Lithium, a Delta-based startup, has opened a commercial-scale lithium refining plant using a new electrochemical process, marking a significant step in creating a made-in-Canada supply chain for the critical mineral. The company aims to prove the cost competitiveness of its technology and attract investment for a larger-scale plant.
Mangrove Lithium, a Delta-based startup, has launched a commercial-scale lithium refining plant in Canada, utilizing a novel electrochemical process. The facility can produce enough lithium for up to 25,000 electric vehicle batteries. The company hopes to demonstrate the cost competitiveness of its technology and secure investment for a larger plant near lithium mines in Quebec. Mangrove Lithium has received early-stage capital from Victoria and Ottawa, as well as other investors. The Canadian government has committed $165 million to critical mineral projects, including $22 million to Mangrove Lithium. The new refining plant is a significant step towards creating a made-in-Canada battery supply chain.
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