Global Trade Alert
Global Trade Alert

Canada (Quebec): Provincial authorities allocated CAD 130 million in total Nemaska Lithium for lithium projects

Announcement

30 May 2018

In May 2018, Nemaska Lithium secured CAD 130 million (USD 101.01 million) in total in financial assistance from the government of the province of Quebec for lithium projects. 

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

30 May 2018

Revocation date:

No revocation date

Updated: 30 May 2018
Debt purchase In force
On 30 May 2018, Resources Quebec announced the provision of financial support to Nemaska Lithium in the form of a bond purchase. In total, Resources Quebec will invest CAD 50 million (USD 38.85 millio...
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Updated: 30 May 2018
Equity stake In force
On 30 May 2018, the government of the province of Quebec announced an injection of CAD 80 million (USD 62.16 million) in the capital of Nemaska Lithium. Nemaska Lithium is a lithium mining and lithium...
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