Critical minerals paving Canada’s path to a golden EV future


Source: thestar.com thestar.com

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Canada is ahead of the curve in building a clean-energy supply chain based on mining and processing of critical minerals. The highest-profile use of those essential materials, including nickel, lithium and cobalt, is in the electric vehicle (EV) revolution. But they are used widely across the economy, in cellphones, aerospace, and military equipment. The stakes are high. The Paris-based International Energy Agency (IEA) forecasts a potential quadrupling in demand for critical minerals by 2040. Many Canadian business leaders see Canada as a laggard in clean-energy development. It might surprise them that investment in EV-related projects was proportionately higher in Canada...