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Canada aims to become a major player in rare earth mining for chips and batteries | The country is exploring 6 "priority" minerals to power EVs, renewables, chips
The nation's latest Critical Mineral Strategy Annual Report for 2024 outlines plans to expand domestic mining of more than 30 minerals designated as critical. There's particular emphasis...
At the same time, the global push for clean energy is supercharging demand for battery metals, solar materials, and other strategic resources that Canada apparently has in abundance. There's no doubt that Canada has substantial mineral resources; however, some industry insiders believe the nation's environmental regulations could hinder the rapid development of new mines, which typically require 10-15 years to get online. Still, with global rivalry over critical minerals intensifying, most analysts see Canada's strategy as a necessary and overdue move to assert its voice in these strategically vital supply chains.
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