The study by Mansfield Consulting examined 14 potential critical mineral mines and two mine extensions, and found the long-term economic impact of operating these mines over several decades could be nearly C$800 billion ($599bn).
While Canada is aiming to become a bigger player on the world stage in terms of critical minerals supply, the mining permitting process in British Columbia is known for its lengthy delays, and finding solutions are a priority, the provincial government has said.
“The realization of benefits from these critical mineral projects is dependent on BC having competitive fiscal and regulatory policies that will attract the investment necessary to grow and sustain the sector. The provincial government’s forthcoming critical minerals strategy is fundamental to these efforts,” MABC CEO Michael Goehring said in a statement on Monday.
“This is a generational opportunity which must be seized and could position…
