Article in the Financial Post: Canada could play leading role as G7 strikes alliance to stockpile critical minerals. financialpost.com/commodities/mining/g7-counter-china-dominance-critical-minerals.
As it sits now just three producers, China, Indonesia and the Democratic Republic of Congo control 86% of the global supply, up from 82% just a few years ago. European leaders, certainly in agreement with Prime Minister Carney continue to push the energy transition. A transition where we don’t own any of the critical minerals required to build batteries or magnets to power the hardware. The leaders of the world are victims of intellectual blindness as they have mandated a path but they don’t own the raw materials to build the path. And Chuck2 I look forward to you quoting the IEA as they are the one’s providing the numbers on who owns the critical minerals.
As it sits now just three producers, China, Indonesia and the Democratic Republic of Congo control 86% of the global supply, up from 82% just a few years ago. European leaders, certainly in agreement with Prime Minister Carney continue to push the energy transition. A transition where we don’t own any of the critical minerals required to build batteries or magnets to power the hardware. The leaders of the world are victims of intellectual blindness as they have mandated a path but they don’t own the raw materials to build the path. And Chuck2 I look forward to you quoting the IEA as they are the one’s providing the numbers on who owns the critical minerals.
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