Federal government announces strategy to boost critical minerals sector
In December 2022, Natural Resources Canada Minister Jonathan Wilkinson releases the government’s critical minerals strategy (CMS). Wilkinson said the plan would “seize a generational opportunity for clean, inclusive growth.” The government’s rationale for the strategy is that critical minerals (also called transition minerals) are the building blocks of clean technology, and they help create good […]
Canada’s shift to greener energy faces long road
Ottawa has approved an environmental assessment for a lithium mining project in Quebec, as Canada looks to grow its presence in the critical mineral space and shift towards clean energy. Mackenzie Gray looks at how Canada wants to gain a footing in the race for rare earth element production, and how there’s still a long […]
Op-ed: Canada’s Opportunity – Building the Mining Projects the World Needs
By now it is a foregone conclusion that in order for net-zero to be achieved the increased adoption of low carbon technologies is essential, with mining propelling the current seismic energy transition. Electric cars cannot exist without lithium, nickel and cobalt, nuclear energy without uranium, wind turbines and solar panels without copper, zinc, iron and […]
Canada’s new foreign investment scrutiny a risk for M&A in key sectors
Canadian financial dealmakers are raising the alarm about Ottawa’s proposal to more closely scrutinize national security implications of foreign acquisitions of Canadian companies, warning that such interventions could deter foreign investments and slow impending deals in critical sectors.
Uranium exploration supported in Canadian critical minerals strategy
The government’s newly released strategy maps out how Canada can seize the “generational opportunity” presented by a global energy transition underpinned by the exploration, extraction, processing, product manufacturing and recycling of critical minerals including uranium.
Canada’s critical minerals policy has critics
Canada’s new critical minerals strategy has won plaudits from mining firms in the sector for tax breaks, permitting reform and promises of government support for projects from lithium to copper and infrastructure. But not everyone has welcomed the move.
With critical-minerals strategy, Canada seeks to ease development of key cleantech resources
The federal government unveiled a plan Friday intended to make it easier for mining companies to extract the minerals needed for clean technologies like electric vehicles.
Canadian Government unveils C$3.8bn critical minerals strategy
The Canadian Government has announced a sizeable C$3.8bn in funding to back the country’s new critical minerals strategy in a bid to make Canada a global leader in producing electric vehicle (EV) batteries.
Speed matters: Canada must act fast on implementing new critical minerals strategy
Mining industry bodies and participants have applauded Canada’s new C$3.8-billion Critical Minerals Strategy (CMS), which seeks to ramp up production and processing of 31 critical minerals, but have stressed that time is of the essence.
Plaudits for federal critical minerals strategy
Should a new Canadian lithium or cobalt mine get fast-tracked under Canada’s new critical minerals strategy, what’s to stop the mine owners from selling these key battery minerals to battery makers in China?