The Volta Energy Solutions project in the town of Granby should be at full production capacity in 2026, a spokesperson for federal Innovation Minister Francois-Philippe Champagne said by email.
OTTAWA — A unit of South Korea's Solus Advanced Materials will build a $750-million copper foil facility in Quebec, producing technology for electric-vehicle batteries.
Canada, home to a large mining sector for minerals such as lithium, nickel and cobalt, wants to woo firms involved in all levels of the EV supply chain via a multibillion-dollar green technology fund as the world seeks to cut carbon emissions. The provincial government will provide Volta Energy Solutions a $150 million loan, to be partly forgiven if the firm meets conditions such as maintaining 260 jobs at the plant.
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