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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
Soviet engineers originally discovered the deposit during the 1980s
European officials also resisted the idea of the United States leading the initiative
Antimony has become part of a broader geopolitical race to secure strategic resources
Canada’s policy shift follows a recent agreement with China aimed at easing tensions over electric vehicle trade
The collaboration reflects broader cooperation between Canada and Germany on critical mineral supply chains