cover image: Canada’s Critical Mineral Strategy: Opportunities and Challenges for the Development of Critical Mineral Supply Chain in Saskatchewan

20.500.12592/w6m9505

Canada’s Critical Mineral Strategy: Opportunities and Challenges for the Development of Critical Mineral Supply Chain in Saskatchewan

4 Jan 2024

2022, and the western region of the country played a significant role, contributing to 98 percent of the overall expansion, as reported by As a consequence, Canada holds the potential to emerge as a the Canadian Renewable Energy Association in 2022. [...] Furthermore, major global supplier of numerous essential minerals and REEs, due to the rising use of rechargeable lithium-ion batteries for various presenting a significant opportunity to enhance the supply to uses, the demand for lithium and graphite has increased dramatically both local and international markets. [...] The province is endowed with 23 of the 31 critical minerals copper are predicted to reach 700kt and 4.7mt, respectively, by 2030 and REEs on Canada’s list, including the six prioritized by Canada for based on the current supply of critical minerals and REEs, while clean energy transition and whose world supply is under threat in the production of lithium, graphite, and cobalt is predicted to incre. [...] The province has extensive mining expertise and capabilities, as well as proactive environmental, social, China accounts for about 95 percent of the global production of REEs and governance (ESG) disclosure, regulations, and risk management, to and supplies 97 percent of the world’s demand. [...] Similar incentives could be indigenous governments (at various levels) and organizations considered a positive step by the Government of Canada and in the conception, planning, development, and oversight of Saskatchewan to attract investments in the mineral sector.
Pages
4
Published in
Canada