These metals and minerals are critical in manufacturing electric vehicle batteries, solar and wind power installations, transmission lines and all the other things that a global energy transition will require.
The Canadian government is hoping to capitalize on the opportunity this poses with a new critical minerals strategy — backed with $4 billion in funding in the recent federal budget — that aims to develop a full critical minerals industry value chain, from exploration and mining, to processing, manufacturing and recycling.
Federal Natural Resources Minister Jonathan Wilkinson is in Vancouver today to release the new strategy.
“By investing in critical minerals today, we are building a sustainable industrial base to support emission-reducing supply chains that will address climate change for generations to come,” the Canadian Critical Minerals Strategy states.
Citing Clean Energy Canada, the strategy estimates $5.7…
