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ARTICLE · 12 APRIL 2024

British Columbia's Critical Minerals Strategy Positions The Province To Meet Demand

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The move to low carbon technology and technological developments is spurring global demand for critical minerals – leading to predictions of long-term shortages of minerals that are essential components for clean energy and other green technologies.

CanadaEnvironment

The move to low carbon technology and technological developments is spurring global demand for critical minerals – leading to predictions of long-term shortages of minerals that are essential components for clean energy and other green technologies.

To address these anticipated shortages, help mitigate climate change, grow the provincial economy and ensure resilient supply chains, British Columbia is developing a Critical Mineral Strategy (the CMS).

In early 2024, details were published regarding the first phase of the CMS (Phase 1), which is expected to enhance the contribution of mineral exploration and mining to B.C.'s economy through critical-mineral development. Phase 1 sets out clear actions to build a clean economy by expanding the province's critical minerals sector in alignment with the standards of the United Nations Declaration on the Rights of Indigenous Peoples (UNDRIP).

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