New to the list are high-purity iron — used in green steel making and decarbonization; phosphorus — essential for batteries and food security, and silicon metal — required for semiconductors and computer chips.
In March, Canadian explorer First Phosphate (CSE: PHOS) received a mining research and innovation grant from the Quebec Ministry of Natural Resources and Forestry. The company’s objective is to see the development of a lithium iron phosphate (LFP) battery valley in the Saguenay-Lac-St-Jean region of Quebec, one which can service demand for LFP battery cathode active material across North America.
Jonathan Wilkinson, Minister of Energy and Natural Resources, said the list was reviewed and updated following “substantial consultations to focus efforts in developing robust critical minerals value chains.”
“By updating Canada’s Critical Minerals List, we are taking a proactive step to ensure that Canada’s…
