NiVolt Technologies, a company backed by Toronto-based private equity firm Kinterra Capital, is exploring the establishment of a hydrometallurgical conversion facility in Quebec to process nickel concentrate. This initiative follows successful production testing and progress in a project feasibility study.
NiVolt's recent announcement indicates its capability to produce mixed hydroxide precipitate (MHP), a crucial component for electric vehicle (EV) batteries. The company aims to conduct further feasibility studies to solidify plans for the facility, which would focus on converting nickel concentrate into MHP and nickel sulphate, essential materials for EV battery production.
The company's positive test results suggest promising outcomes regarding nickel and cobalt leach recovery, as well as the production of high-quality MHP. This development aligns with the growing demand for battery metals and the increasing emphasis on sustainable energy solutions.
NiVolt's affiliation with Kinterra Capital, which recently closed a significant battery metals mining fund, enhances its position to pursue such ventures. Additionally, Kinterra holds interests in the Dumont Nickel project, located in close proximity to the proposed facility site.
The potential establishment of a hydrometallurgical facility in Quebec underscores the region's attractiveness for battery metal processing and aligns with broader efforts to bolster Canada's role in the clean energy transition. If realized, this project could contribute to Quebec's economy while addressing the global demand for EV battery materials.
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