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Nemaska Lithium's Intended Facilities not Affected by Fire

Matthew Spizziri
Oct. 06, 2015 08:20AM PST
Battery Metals Investing

Nemaska Lithium Inc. (TSXV:NMX,OTCQX:NMKEF) announced that the facilities it intends to use for its hydrometallurgical plant project, located in the Resolute Forest Products’ former Laurentide plant complex in Shawinigan, Que., are not impacted by a recent fire that occurred on Saturday, Oct. 3, 2015.

Nemaska Lithium Inc. (TSXV:NMX,OTCQX:NMKEF) announced that the facilities it intends to use for its hydrometallurgical plant project, located in the Resolute Forest Products’ former Laurentide plant complex in Shawinigan, Que., are not impacted by a recent fire that occurred on Saturday, Oct. 3, 2015.
As quoted in the press release:

On Sept. 8, 2015, Nemaska Lithium announced an agreement in principle to acquire certain facilities in Shawinigan, Que. As part of this agreement, the City of Shawinigan will tear down certain buildings on the property that are not required by Nemaska Lithium. The building damaged by the fire is one of the buildings that is scheduled to be torn down. Nemaska Lithium is not expecting any delays to the phase 1 plant construction or the construction of the commercial hydrometallurgical plant due to this fire.

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