LTM 0.28% $3.58 arcadium lithium plc

“Quebec is rolling out the red carpet to attract a battery...

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    “Quebec is rolling out the red carpet to attract a battery materials factory from the car manufacturer Honda, and not just with the promise of subsidies. Radio-Canada has learned that the Legault government is ready to sell state shares in the Nemaska Lithium mining company to the Japanese company and to sell it lithium hydroxide, the essential component of batteries, at an attractive price.”

    https://ici.radio-canada.ca/nouvelle/2055752/quebec-honda-usine-cathodes-nemaska-lithium

    I think the Government of Quebec would be happy if there stake in Nemaska was taken over by a corporate giant like Honda.

    They would then be free of the burden of developing the mine and instead could sit back and just collect taxes when the mine and battery material factory becomes profitable.
 
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