According to Quebec Economics Minister Pierre Fitzgibbon, talks are being held with Tesla to secure various raw materials for the manufacture of batteries.
The talks are already at an advanced stage.
Tesla plans to invest almost $ 2 billion to expand existing collaborations but also to secure rights to promising properties.
Sayona Mining Limited and Sayona Québec Inc. (collectively, “Sayona Qc”) recently acquired the rights to a billion dollar Tansim lithium project from Quebec Prescious Metals Corp. secured and are already promoting there.
Quebec Precious Metals Corporation (TSX.V: QPM, OTCQB: CJCFF) has significant deposits in Quebec by its own account.
The company specializes in the discovery of large gold deposits and is aiming to produce 2 million ounces in the near future with a current value of $ 3.5 billion.
Quebec’s largest gold mine is in the neighborhood. Newmont was already able to convince with a 12.8% stake. Quebec Precious Metals Corporation is currently valued at $ 20.6M CAD on the stock exchange.
The ongoing fear of interest rates is also affecting the mood of the stock markets and is causing the demand for gold to rise significantly. Gold rose another 0.27% on Friday to $ 1,779 an ounce