'Shows the project is solid,' Quebec-based lithium producer says after deal with Ford

A Quebec\u002Dbased lithium producer that previously failed to get off the ground received a boost from a deal with auto giant Ford. Read on.

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Nemaska will be supplying Ford with 13,000 tons of lithium hydroxide annually for 11 years from 2026 onwards, which is when it aims to start producing lithium from its Whabouchi mine in northern Quebec and its conversion facility being built in Bécancour, Que.Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.

Lithium is used to make batteries, including those that power electric vehicles, which have been in high demand in recent years as the world looks for ways to lessen its dependence on fossil fuels.

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