The TSX-listed stock of project developer Nemaska Lithium on Monday spiked after the company released an updated feasibility study on the Whabouchi mine and concentrator, to be built in the Eeyou Istchee James Bay territory, in Quebec, and the hydromet plant to be located in Shawinigan, also in the province.
The Quebec City-based company advised that it was necessary to update the feasibility study to reflect the change of location of the hydromet plant from Salaberry-de-Valleyfield to Shawinigan and to reflect the optimisation of its processes.
