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The new measures are designed to turn Canada’s resource advantage into a strategic strength
Cohen emphasized how both countries should work together to form a critical minerals supply chain centered in North America
The priority sectors include clean technologies, advanced manufacturing, information and communications technologies and semiconductors
The government will prioritize supporting copper, lithium, graphite, cobalt, nickel and rare earth elements
$1.5B will be going toward mineral projects in remote locations throughout the country
Critical minerals form the backbone of global decarbonization strategies
The formation of Avenir Minerals was revealed with the company's Q3 results
Teck is the world’s fourth-largest producer of germanium and currently produces a small amount of antimony
Champagne pointed to Canada’s critical mineral reserves, energy resources and shipbuilding expertise as key strengths
Renewable energy technologies also depend on tungsten for wind turbine components and advanced solar cell manufacturing