SNC-Lavalin Signs First Canadian Battery Plant Mandate
SNC-Lavalin has been awarded an initial works contract by EcoProBM, a global leader specializing in cathode materials, to design and build one of Canada's largest Cathode Active Material (CAM) plants in Bécancour, Québec.
The initial works contract is worth approximately $141 million and represents SNC-Lavalin's first major mandate in the electric vehicle (EV) battery market in Canada.
"With a unique endowment of critical minerals, an established manufacturing and industrial base, and a largely decarbonized and expanding power grid, Canada has an opportunity to establish an end-to-end supply chain that can support growing domestic and international EV demand," commented Ian L. Edwards, President and Chief Executive Officer, SNC-Lavalin. "SNC-Lavalin is strongly positioned to support governments and manufacturers and deliver on the diverse pipeline of opportunities arising from the EV revolution, both in Canada and around the world, with our unique end-to-end capabilities that span across industries like mining, industrial & manufacturing, and clean power, all of which support the battery and EV markets."
SNC-Lavalin's Engineering Services groups will provide EcoProBM with initial concept design, basic design, project management and delivery related to the establishment of the plant.
