Overview
In 2020, the Quebec government announced the Quebec Plan for the Development of Critical and Strategic Minerals (“Plan Québec”), which indicates that demand for graphite is expected to increase by 300-500% in the coming decades, given its increasing use in the production of spherical graphite for the anodes of lithium-ion batteries in electric vehicles. Quebec has the opportunity to play a vital role in reducing carbon emissions and become a key supplier of critical battery materials for the North American economy.
