Chris Evans, managing director for Winsome Resources, on Sept. 10. Winsome is looking to repurpose an old diamond mine in Quebec and use it for processing lithium that is mined nearby.

A small Australian mining company is racing to save a key industrial site in a remote corner of northern Quebec from being demolished, a last-ditch effort to recast a now-defunct diamond mine into a lithium processing facility.

Winsome Resources Ltd. is a publicly traded junior miner aiming to develop what it says is a rich lithium deposit in Quebec’s Eeyou Istchee James Bay region.

It had exclusive purchase rights on the assets of bankrupt Stornoway Diamond’s Renard mine, which it had planned to repurpose to handle its own mineral deposit 60 kilometres away.

The Australian company gave up those righ

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