Snow Lake Lithium to Produce Enough Lithium to Power 5 Million EVs

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It also plans to establish a joint venture to create a lithium hydroxide processing plant.

Ideally located to serve the North American automotive industry, Snow Lake Resources Ltd. is expected to produce enough lithium to power around 5 million EVs for the next 10 years in the North American market. 

Equivalent to around 500,000 electric vehicles per year, the company planned an all-electric lithium mine, which is perfectly placed to enable this domestic supply.

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Philip Gross, CEO of Snow Lake Lithium said, “As we rapidly transition to electrification, it’s essential for the future of the North American automotive industry that we build a rock-to-road battery supply chain

“Local sourcing of critical raw materials, such as lithium, is the only logical step to create a vertically integrated domestic supply chain. Snow Lake Lithium has access to a rich lithium resource and is on the doorstep of North American manufacturers. This is enough lithium to power 500,000 electric vehicles a year produced in North America, which would significantly reduce logistics and emissions that would be created by importing raw materials from China.”


 

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