New investments of $54 million from a strategic battery materials partner and the U.S. Department of Defense bring a new cobalt sulphate refinery in Ontario closer to reality

New plan comes after Ford postponed EV plant launch to 2027; those EVs will now be made elsewhere, while Oakville may get an electric pickup later in the decade

From forging new alliances to deepening relationships, key industry players came together for the BEV In-Depth: Mines to Mobility event

Based on earlier reports, the plant is to be a joint-venture with Honda Canada as part of its EV battery supply chain — although Honda wasn’t present, or even mentioned, at the official announcement

Canada’s largest single EV supply chain announcement will see EV production start in 2028, with battery-making facilities developed in tandem