Mangrove Lithium Secures $35M in Strategic Financing for Construction of North America’s First Electrochemical Lithium Refining Facility
Mangrove Lithium, a pioneering lithium conversion company based in Canada, announced the closing of a $35M financing to begin construction of groundbreaking lithium refining plant in Delta, British Columbia. The state-of-the-art facility—with construction already underway and slated to be operational by late 2025—will produce sufficient battery-grade materials to power approximately 25,000 electric vehicles (EVs) each year.