Perspectives of Lithium Mining in Quebec, Potential and Advantages of Integration into a Local Battery Production Chain for Electric Vehicles

Abstract

This paper presents a discussion on Quebec’s pegmatite lithium resources and potential markets. It also evaluates the opportunities of lithium battery production for electric vehicles (EV) in the province while reducing greenhouse gas emissions. The paper shows that mining Quebec’s lithium ore deposits would be sufficient to satisfy the province’s lithium demand and also for exporting abroad lithium-ion batteries. By considering only the projects whose final product is LMH or LCE, Quebec would be able to produce between 10 and 21 million lithium-ion batteries for electric vehicles with a greenhouse gas emissions footprint of only 43% of the international average value due to Quebec’s hydro power. Finally, considering Quebec’s lithium mining project economics, the increased future demand for lithium would render Quebec’s lithium pegmatite projects competitive compared with those reported for brine projects.