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Canadian firm, BITRI in P1.2bn deal for battery minerals

Widely popular: Analysts expect demand for copper and nickel to increasingly come from electric vehicles and their batteries PIC: JOEL-T_ISTOCK
Widely popular: Analysts expect demand for copper and nickel to increasingly come from electric vehicles and their batteries PIC: JOEL-T_ISTOCK

The Botswana Institute for Technology, Research and Innovation (BITRI) is set to sign a partnership deal with a Canadian firm on a C$129 million (P1.2 billion) project, which will extract minerals for the development of batteries used in electric vehicles and other low-carbon innovations.

The deal involves BITRI and Process Research Ortech (PRO) partnering to bring in funders for an as-yet-unnamed copper and nickel mine where minerals will be extracted for the development of batteries, which are increasingly required in the green energy transition.

The partnership was unveiled recently at the 2022 Commonwealth Heads of Government Meeting held in Rwanda, with Canadian prime minister, Justin Trudeau later releasing a statement hailing the collaboration.

Editor's Comment
Khama, Masisi should rise above personal differences

Hurt as he may have been, former president Ian Khama, Sir Seretse’s senior son who was given an opportunity to speak on behalf of the Seretse family, couldn’t mince his words as he took advantage to shred his successor Mokgweetsi Masisi to pieces.He, however, did not clearly mention names but he referred to Masisi as the leader of a political party that was founded amongst others by his father.He would also address him as the former State...

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