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 […]
Annual Report 2021
A year in review of MAC activities and achievements.
‘Rapid development’ of mines ‘urgently required’ – Canada’s resources minister
Accelerating mine development could be a pressing issue for the country’s left-leaning Liberal Party government as it looks to support the energy transition, said Jonathan Wilkinson, Canada’s Minister of Natural Resources.
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 […]
As Canada builds its battery metals industry, can it compete with the world’s behemoths?
Canada’s battery metals sector is showing signs of life, but impediments remain to this country gaining meaningful global market share in an industry dominated by China.
MAC cheers Canadian government’s $3 billion budget commitment to mining
The Mining Association of Canada (MAC) is welcoming the government’s “forward-looking vision” for the mining sector as proposed in Budget 2022.
Advocates praise critical minerals commitments in federal budget
Mining advocates say new investments in Canada’s critical minerals sector could benefit the North but more direct supports are needed to offset the high costs of exploration.
Financial Post Podcast – What challenges lie ahead in trying to build Canada’s new clean supply chain?
Prime Minister Justin Trudeau and his cabinet have described the energy transition as an opportunity — a chance to build a new clean supply chain that can power the economy for decades.
