OTTAWA — Natural Resources Minister Jonathan Wilkinson said the new critical minerals strategy published Friday doesn’t specifically bar Canadian mines from…
Nor will it prevent companies from taking advantage of any of the $3.8 billion in promised investments if they intend to ship the metals produced to non-democratic countries.Sign up to receive daily headline news from Ottawa Citizen, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails. Postmedia Network Inc.
The need to solidify supplies of these minerals among Canada’s allies took on new urgency this year after the Russian invasion in Ukraine and the ensuing energy crisis in Europe, which has heavily depended on Russia for natural gas and oil.“Western countries are increasingly concerned about being dependent on a small number of non-democratic jurisdictions for critical mineral supply and processing,” he said.
That project is still in development. But Sinomine is also the owner of the Tanco mine in Manitoba, which a year ago began producing lithium again. All of it is being shipped to China for processing.Article content “It’s a pretty exciting time for the industry,” he said. “It’s hard not to feel pretty optimistic about this.”Article content
Those include lithium, graphite, nickel, cobalt, copper and the group of 17 metals and minerals known as rare earth elements. The strategy and the $3.8 billion investments in the 2022 federal budget are designed to encourage new exploration, expedite regulatory and environmental reviews, build infrastructure where needed to support the discovery of new deposits, and build equity partnerships with Indigenous people.
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