Arbor Metals Corp. announced the creation of a dedicated department focused on fostering strategic alliances with the rapidly expanding electric vehicle (EV) industry in Canada. This initiative comes in response to the growing significance of the EV sector, highlighted by recent high-profile investments such as the joint commitment by the federal government of Canada and the Quebec government to fund Ford Motor Company's new EV plant in Bécancour, Quebec.

As reported by CBC News on August 17th, 2023, the government investment underscores Canada's commitment to advancing the electric mobility revolution. The collaboration between the federal and provincial governments, with a combined investment of $644 million, exemplifies the commitment to fortify Canada's role in the EV industry. The new Ford plant in Bécancour, Quebec, is set to produce critical battery materials for electric vehicles, reaffirming Canada's emergence as a global leader in sustainable transportation.

Arbor recognizes the pivotal role that strategic alliances play in advancing the EV industry's growth and sustainability. The Company's newly formed department will work to forge partnerships, collaborations, and joint ventures with key stakeholders across the EV value chain, including automakers, battery manufacturers, and technology innovators. Arbor will actively seek opportunities to contribute its knowledge, resources, and capabilities to enhance Canada's position as a global hub for electric mobility.

The Company's dedication to sustainable exploration and responsible resource development aligns with the shared goals of environmental stewardship and technological advancement within the EV industry.