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Natural Resources committee  Thanks for the question. It's not necessarily about the cost of the individual materials that go into the battery specifically. I'll focus my discussion on costs there. I'm not sure if that's what you meant. What's happening in the market is that the costs of those materials fl

March 12th, 2021Committee meeting

Nancy Concepcion

Natural Resources committee  The cost of the raw materials, then, will obviously vary depending on the raw material. In the case of nickel, there is a wide variety of costs depending on the product, the quality of the product, the jurisdiction of the product and the type of environment in which it was mined.

March 12th, 2021Committee meeting

Nancy Concepcion

Natural Resources committee  There are several paths that can be taken in order to develop. It's important to understand that this supply chain will develop naturally, following the automakers. As automakers transfer into production of EVs, the supply chain will build around them. It's just more convenient.

March 12th, 2021Committee meeting

Nancy Concepcion

Natural Resources committee  Thank you for the question. Yes, I can elaborate on that. It's really around a short-term plan that's looking at leveraging our existing assets within Canada to satisfy the demands of the players, particularly the automakers, who are coming to us and asking for supply. Then, I t

March 12th, 2021Committee meeting

Nancy Concepcion

Natural Resources committee  Thank you, Chair. We have three key points that we can cover. One is that the EV industry has clearly passed a point of no return for the auto industy. Over $300 billion has been invested into the development of EV models, and battery producers have contributed roughly $130 bill

March 12th, 2021Committee meeting

Nancy Concepcion