The Financial Post reports in its Saturday, Aug. 9, edition that Quebec's plans for a battery cell manufacturing plant advanced last week when California-based Lyten announced its intention to revive a stalled giga-factory proposal. The Post's Gabriel Friedman writes that the supermaterials company aims to acquire rights to Sweden's Microsoft-backed Northvolt's planned Quebec battery factory and has already secured a deal for the company's European assets. Northvolt was a key player in Quebec's plans for a $7-billion battery factory near Montreal, but filed for bankruptcy in March, putting the site's future at risk until last week. Lyten chief marketing officer Keith Norman said, "I think you can say we're reviving the project." He added that acquiring Northvolt's asset in Quebec was slightly more complicated because the project had received a series of government investments. This included a $240-million loan from the province, which also invested $270-million in Northvolt's parent company. To that end, he said there are remaining hurdles and Quebec officials as well as federal officials will likely want to conduct due diligence on Lyten. Its investors include Stellantis NV as well as Honeywell.