Canada's Critical Minerals Strategy Faces Execution Challenges
Real-world implementation of Canada's critical minerals strategy hinges on processing infrastructure and workforce development. Billions in investment aim to enhance supply chains for lithium, nickel, and REEs.
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Canada is transitioning from policy-making to executing its critical minerals strategy, relying heavily on processing plants and supply chains. Significant investments are directed towards critical minerals, including lithium, nickel, and rare earth elements (REEs).
Karen Thompson, CEO of Haver & Boecker Niagara, highlights challenges such as lengthy permitting processes, outdated processing infrastructure, and a shortage of skilled workers. The effectiveness of Canada's strategy will depend on advancements in processing facilities and workforce training initiatives. The outcome could impact the country's position in the global minerals market.
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