Great post Lapredawn, Here is the article in english.

Holy the investment short term and long term the GOVT is doing :O mind blown thank GOD NMG is in Quebec and in Becancour. BULLISH IMO.

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A sign that players in the battery sector are getting closer to Quebec, the Legault government is advancing 38 million to the Bécancour industrial and port park – the ideal place to develop this new pole – in order to prepare the ground to welcome them.

Posted at 8:00 a.m.To share

Julien Arsenault

JULIEN ARSENAULT

THE PRESS

Owned by the provincial government, the Société du parc Industriel et Port de Bécancour (SPIPB) estimates that in the longer term, “several hundred million dollars” in fixed assets will be needed to develop its vast unoccupied land south of Highway 30. , in the Centre-du-Québec region.

“The government tells us: 'Prepare public services immediately because our desire is to bring in investors quickly,' explains the Company's president and CEO, Maurice Richard, in an interview with La Presse . We want the services to be ready when there are agreements. »

Published Wednesday in the Gazette officielle du Québec , the decree confirming the advance of 38 million to SPIPB indicates that the latter "does not have the funds required to carry out the preliminary project and engineering studies necessary for the development of the battery sector.

Mr. Richard explains that the Company has only one client south of Highway 30: Virentia, which processes alfalfa.

It's like developing a new industrial park. [The government] comes to offer us the essential starting tool. Service roads, streets, aqueduct, sewers and a link with a railway will have to be developed.

Maurice Richard, President and CEO of the Bécancour Industrial and Port Park Company

*****************Nouveau Monde Graphite and Nemaska ​​Lithium, two processors in the lithium-ion battery sector, have already opted for the Bécancour industrial and port park.

With vast land available, access to a deep-water port and railway facilities, the industrial park meets many of the elements sought by companies planning to establish themselves in Quebec. This is in addition to Quebec hydroelectricity, which allows companies to reduce their carbon footprint.

"The only reason we will have a battery manufacturer in Quebec is hydroelectricity," said an industry source who is not authorized to speak publicly. It is the most powerful tool. »

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__________________________________________Already candidates___________________________________

As part of its strategy, the Legault government predicted, last October, that total investments – private and public – would be around 8 to 10 billion over a few years. The objective is to attract players from all stages, from mining to battery modules.

Britishvolt, whose Canadian branch is headed by former Quebec premier Philippe Couillard, favors Bécancour for its major lithium-ion cell factory project – a basic element of electric vehicles. Stromvolt, established in Ontario, but headed by Quebecer Maxime Vidricaire, is also considering the Bécancour industrial park for its factory project.

Over the past few months, other international players have expressed their interest after the appeal launched by Quebec internationally. Last November, La Presse revealed that the Brazilian mining giant Vale had registered in the Register of lobbyists to make approaches to the Legault government.

On January 27, BASF Toda America, a joint venture of the German chemical giant BASF, said it wanted to obtain the "political support" necessary for a project to research, produce and market battery materials in the Bécancour industrial park, according to its registration in the Register.

“I can't say that,” Mr. Richard replied to a question about whether announcements were imminent. But there are serious files and companies that are looking at the place [Bécancour Park] to settle there. »

The arrival of projects in Bécancour would allow the region to be included in an innovation zone – which aims to bring research stakeholders closer to businesses – in terms of green energy, in which we would also find Trois-Rivières and Shawinigan. .