Ottawa risks being left “in the dust” unless it expedites mining\u002Dproject approval to capture a critical\u002Dmineral incentive. Read more here
released last month by the Transition Accelerator. Canada could hit 12.5 per cent market share of lithium, the other key mineral in the EV supply chain, but that would be a “stretch goal,” according to the report.
To speed that timeline up, “you need investment,” said Bentley Allan, author of the report, “and you need the government to deliver on that strategy.”to the IEA, and the proposed U.S. incentive program begins next year.Article content “Lithium, phosphate and iron can be readily supplied by North America or U.S. free-trade partners,” Allan told“Nickel, graphite and probably cobalt would need to be supplemented by others. It’s very unlikely we’d be able to do 100 per cent of those,” he said, and major nickel suppliers like Indonesia and Russia are not U.S. free-trade partners. Much of Canada’s nickelCanada needs to invest in chemical processing faster “or we’re in trouble, said Allan.
David Billedeau, senior director at the Canadian Chamber of Commerce, said the government risks being left “in the dust” unless it expedites mining-project approval while ensuring environmental protections, the approval of Indigenous communities, and attracting new venture capital. It will also need to invest in infrastructure to get mining operations up to scale quickly, so they can bring costs down over time, he said.
“If you get these things up and running, there’s gonna be a market for them,” said Lange. “Certainly a place like Canada’s already way closer to ESG-friendly than [the Democratic Republic of the Congo]. In all senses, this is only more helpful.”’s authoritative weekly newsletter on automotive technology industry news—for more; and if you know someone who should be reading it, they can
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