On January 22, 2024, the Government of British Columbia launched
the first phase of its critical minerals strategy (the Strategy),
joining a growing number of jurisdictions placing new emphasis on
critical minerals – such as copper, lithium, cobalt, potash
and others – identified as essential for transitioning to a
low-carbon economy and protecting supply chains amidst growing
global instability. The Strategy has three overarching goals:
Goal 1: Expand First Nations
partnerships, shared decision-making and reconciliation.
Goal 2: Increase business certainty to
attract investment.
Goal 3: Establish funding partnerships to
advance critical mineral projects in British Columbia.