Platinum group metals, which includes palladium, platinum and rhodium, are key materials used in n the manufacturing of catalytic converters, which remove harmful chemicals from car exhaust emissions.
Copper, the other metal to be produced at the mine, is a critical in the manufacturing of electric vehicles (EVs) and associated charging infrastructure. An EV battery requires 2.5 times more copper than a standard internal combustion engine vehicle.
Generation Mining said it would now proceed with obtaining any additional permits from federal offices, including Fisheries and Oceans as well as the department of Natural Resources.
“The minerals mined through this project, mainly palladium and copper, will play an important role in Canada’s transition to a low-carbon economy,” Environment and Climate Change Minister Steven Guilbeault said.
It is also expected to help build the supply chain for critical minerals and the…
