The government will review the permitting process with a view to cut the time required to bring mines online by avoiding duplication and ensure early indigenous consultation and engagement, the 58-page document said. It did not say when the review would be completed.
Critical minerals are key elements in EV batteries, electronics and solar panels and play a crucial role in the transition to the green economy. While Canada is home of some the largest deposits of critical minierals, it can take anywhere between 5 and 25 years for a mining project to become operational, the document said.
China now dominates the market for critical minerals used in EV batteries. Countries like the United States, Canada, Australia, India and Japan want to wean themselves from their dependence on authoritarian regimes for strategically important materials, and Canada signed a joint action plan with the United States in 2020 to advance secure supply chains for critical minerals.
stanley meyer. water powered car. its easy. get a thing that separates the water like in science class and put it in a car. see? easy.
Gonna buy all of our mines back from China?
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Source: Reuters - 🏆 2. / 97 Read more »