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hub","quebec-establishing-itself-as-a-lithium-hub","article/quebec-establishing-itself-as-a-lithium-hub",{"_uid":547,"date":548,"tags":549,"editor":556,"content":566,"excerpt":691,"featured":51,"reporter":692,"component":702,"seo_title":543,"categories":703,"visibility":709,"data_vis_image":710,"featured_image":713,"seo_description":717,"formattedDate":718,"formattedArticleDate":719},"9b5847c6-9417-41f8-a115-ca9309e13c61","2026-05-18 00:00",[550,553],{"slug":551,"name":552},"north-america","North America",{"slug":554,"name":555},"canada","Canada",[557],{"slug":558,"name":559,"content":560},"benjamin-roche","Benjamin Roche",{"job_title":561,"image":562,"bio":564,"linkedin":565},"Editor – Energy Transition Supply Chains",{"filename":563},"https://a.storyblok.com/f/287943243085208/800x800/66d6674fb8/benjamin-roche.png","Benjamin is Benchmark's Editor for Energy Transition Supply Chains, covering both upstream products like critical minerals and downstream products including energy storage systems and electric vehicles. He has previous experience covering trade flows, tariffs and the effects of geopolitics on supply chains.","https://www.linkedin.com/in/benjaminrochecontent/",{"type":567,"content":568},"doc",[569,612,617,622,633,645,653,661,683],{"type":570,"attrs":571,"content":572},"paragraph",{"textAlign":49},[573,581,593,598,607],{"text":574,"type":575,"marks":576},"Québec is ","text",[577],{"type":578,"attrs":579},"textStyle",{"color":580},"#000000",{"text":582,"type":575,"marks":583},"cementing its place",[584,591],{"type":585,"attrs":586},"link",{"href":587,"uuid":588,"anchor":49,"target":589,"linktype":590},"/article/volkswagen-and-powerco-invest-in-patriot-battery-metals-to-secure-canadian-lithium","2362b95b-9cde-4b2c-b75d-99304929b625","_blank","story",{"type":578,"attrs":592},{"color":580},{"text":594,"type":575,"marks":595}," as one of ",[596],{"type":578,"attrs":597},{"color":580},{"text":599,"type":575,"marks":600},"North America’s",[601,605],{"type":585,"attrs":602},{"href":603,"uuid":604,"anchor":49,"target":589,"linktype":590},"/article/how-much-would-60-days-of-us-battery-minerals-cost-in-2026-","feaae01d-533b-45b9-8ad8-39aab491e0f0",{"type":578,"attrs":606},{"color":580},{"text":608,"type":575,"marks":609}," key lithium hubs. With competitive power prices from low-carbon hydroelectricity, robust mining infrastructure, Atlantic trade route access and strong government support, the province is developing a fast-growing pipeline of mining and chemical processing projects.",[610],{"type":578,"attrs":611},{"color":580},{"type":570,"attrs":613,"content":614},{"textAlign":49},[615],{"text":616,"type":575},"Lithium is viewed as a strategic for the country, with Canada recently announcing an investment of up to C$145m (US$106m) to support the expansion of North America’s largest lithium operation, North American Lithium (NAL), operated by Australian mining firm Elevra Lithium.",{"type":570,"attrs":618,"content":619},{"textAlign":49},[620],{"text":621,"type":575},"By 2030, Canada's production is expected to grow by 79% as other projects come online in the country, though NAL is set to remain the largest. Quebec-based projects are expected to account for 85% of the country's production in 2030.",{"type":623,"attrs":624},"blok",{"id":625,"body":626},"17feed98-9f3e-403c-9dda-db8bfaf1064f",[627],{"id":628,"_uid":629,"type":630,"component":631,"fixed_height":632,"use_fixed_height":50,"fixed_height_mobile":632,"fixed_height_tablet":632},"28989348","i-94b762bc-fba3-466d-9f15-62275c8abadb","visualisation","ContentFlourish","",{"type":634,"attrs":635,"content":637},"heading",{"level":636,"textAlign":49},2,[638],{"text":639,"type":575,"marks":640},"Output set to increase at NAL",[641,643],{"type":578,"attrs":642},{"color":580},{"type":644},"bold",{"type":570,"attrs":646,"content":647},{"textAlign":49},[648],{"text":649,"type":575,"marks":650},"The funding forms part of a broader capital raise designed to increase production capacity and reduce costs. The updated scoping study, released this week, considers output will increase to 338ktpa of SC5.4%, considerably higher than the previous report. Average post-expansion C1 costs are expected to be US$628/t and AISC of US$683/t, which would put the project in the mid-third quartile of Benchmark’s C1 Cost Curve in 2030.  ",[651],{"type":578,"attrs":652},{"color":580},{"type":570,"attrs":654,"content":655},{"textAlign":49},[656],{"text":657,"type":575,"marks":658},"The company will also have a cash injection of around US$71m from the sale of its interest in the Ewoyaa lithium project in Ghana to Zhejiang Huayou Cobalt, announced earlier this week. The company also signaled the push towards FID of the Moblan project, also in Quebec, in which it has a majority stake, the rest being of Investissement Québec. ",[659],{"type":578,"attrs":660},{"color":580},{"type":570,"attrs":662,"content":663},{"textAlign":49},[664,669,678],{"text":665,"type":575,"marks":666},"Québec’s ",[667],{"type":578,"attrs":668},{"color":580},{"text":670,"type":575,"marks":671},"lithium landscape",[672,676],{"type":585,"attrs":673},{"href":674,"uuid":675,"anchor":49,"target":589,"linktype":590},"/article/why-are-lithium-prices-surging-in-china-again-","80c1a819-5c60-4407-ba5d-e6a023df02b5",{"type":578,"attrs":677},{"color":580},{"text":679,"type":575,"marks":680}," extends beyond Elevra. Rio Tinto, through Nemaska Lithium, controls the Whabouchi mine and the Becancour lithium hydroxide plant, which, even after some delays announced in Rio Tinto’s annual report, is expected to start producing from 2028. In addition, PMET Resources is advancing the Shaakichiuwaanaan project towards a final investment decision, while an updated feasibility and PEA on the CV5 and CV13 pegmatites targeted for completion in Q4 26. Recent DMS pilot work provided successful results, providing material for offtake discussions, while a new testwork programme with Koch aims to produce caesium chemical products. ",[681],{"type":578,"attrs":682},{"color":580},{"type":570,"attrs":684,"content":685},{"textAlign":49},[686],{"text":687,"type":575,"marks":688},"The region’s lithium project pipeline also includes Critical Element’s Rose project, Winsome’s Adina and Rio Tinto’s Galaxy project, amongst others. ",[689],{"type":578,"attrs":690},{"color":580},"Québec is cementing a place as one of North America’s key lithium hubs. With competitive power prices from low-carbon hydroelectricity, robust mining infrastructure, Atlantic trade route access and strong government support, the province is developing a fast-growing pipeline of mining and chemical processing projects.\n\nNorth America’s largest operation, North American Lithium (NAL) is based in the region, and was responsible for around three quarters of the continent’s output last year. The site is operated by Elevra Lithium, formed from a merger of Sayona Mining and Piedmont Lithium in September 2025. Elevra recently received a major vote of confidence from the Canada Growth Fund in the form of a C$145m (USD$106m) convertible note commitment to support the expansion of NAL. This is expected to begin before the end of the decade. ",[693],{"slug":694,"name":695,"content":696},"federico-gay","Federico Gay",{"job_title":697,"image":698,"bio":700,"linkedin":701,"markets_covered":8},"Principal Analyst - Lithium",{"filename":699},"https://a.storyblok.com/f/287943243085208/512x512/599762cb57/federico-gay.jpeg","Federico is an economic geologist specializing in lithium at Benchmark Mineral Intelligence. His expertise bridges technical and financial domains, with a background that spans deposit assessment, resource estimation, cost modelling, pricing trends, and ESG analysis. Federico’s career includes hands-on mining experience in Chile across lithium and copper deposits, as well as market-facing roles at the London Stock Exchange, focusing on lithium, precious metals and copper. His work supports strategic insights into the global energy transition and critical mineral supply chains. He holds a MSc in Economic Geology from Universidad Catolica del Norte, Chile.","https://www.linkedin.com/in/federico-gaston-gay-1aa629160/","article",[704,706],{"slug":705,"name":8},"lithium",{"slug":707,"name":708},"critical-minerals","Critical Minerals","private",{"id":49,"alt":49,"name":632,"focus":49,"title":49,"source":49,"filename":632,"copyright":49,"fieldtype":711,"meta_data":712},"asset",{},{"id":714,"alt":632,"name":632,"focus":632,"title":632,"source":632,"filename":715,"copyright":632,"fieldtype":711,"meta_data":716,"is_external_url":50},176802668261248,"https://a.storyblok.com/f/287943243085208/2560x1440/32145fbd02/elevra-night-lithium.jpg",{},"Québec is cementing a place as one of North America’s key lithium hubs, with competitive power prices from low-carbon hydroelectricity, robust mining infrastructure, Atlantic trade route access and strong government support.","May 18, 2026","18th May 2026",[],[],1784908347941]