CANADA’S DEVELOPMENT OF CRITICAL EV MINERALS MAY BOOST HOPES FOR MORE EV ASSEMBLY PLANTS
March 23rd, 2023
The Canadian and Ontario governments are proactively pushing the development of critical mineral production needed to fuel electric vehicle (EV) batteries, looking to leverage Canada’s vast mineral wealth in building a domestic EV sector.
The federal government in Ottawa released a Canadian Critical Minerals Strategy in December (2022) (1). It involves a commitment to spend CAD3.8 billion on developing critical minerals production, prioritizing key EV battery elements lithium, graphite, nickel, cobalt, copper and rare earth. The government has earmarked CAD1.5 ...
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