Samsung SDI Invests $18.5M in Canada Nickel for EV Battery Supply Chain
In a move to secure essential materials for its electric vehicle battery production, Samsung SDI Co., Ltd. has invested $18.5 million into Canada Nickel Company Inc. The investment grants Samsung SDI approximately 8.7% ownership in the mining company, with the potential for additional investment and offtake rights in Canada Nickel’s Crawford project.
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