Miners must invest in critical minerals or risk energy transition

The world’s biggest miners need to aggressively invest in critical metals or will hold back the global energy transition away from fossil fuels, a new report shows. According to PwC’s 19th annual review of the top 40 mining companies, which examines global trends in the industry, future success will depend on whether global miners can take a […]

Here’s how Canada stacks up in the EV battery supply-chain race

Canadian governments have been on a spending spree to build a new industry around electric-vehicle batteries from the ground up. LG and Stellantis are together committing $5 billion to a battery plant in Windsor, Ont., while Bécancour, Que., is becoming an automotive hub in its own right, attracting a joint General Motors-POSCO venture and other multinationals as well as […]

Situation critical for Canadian minerals extraction

In 2014, the Stephen Harper Conservative government rejected the New Prosperity mine project, said to be one of Canada’s largest undeveloped copper deposits. Now, the Justin Trudeau government is so anxious to secure a domestic supply of critical minerals and metals, including copper, that it earmarked $3.8 billion in the recent federal budget to implement […]

Industry stakeholders, experts applaud feds’ critical minerals spending, as geopolitics loom large in supply chains

The federal government’s recent $3.8-billion budget proposal to develop Canada’s increasingly important critical minerals sector has been met with support from industry experts. But David Billedeau, senior director of natural resources and environmental sustainability at the Canadian Chamber of Commerce, says it’s still “the start of a very long journey—other countries are more advanced in […]