Federal Government Unveils Canadian Critical Minerals Strategy

In December 2022, the Canadian government released – to much fanfare – its highly anticipated report entitled The Canadian Critical Minerals Strategy – From Exploration to Recycling: Powering the Green and Digital Economy for Canada and the World (herein, the "Strategy").

The Strategy recognizes that critical minerals represent a generational opportunity for Canada's workers, economy and net-zero future. Such minerals are the foundation on which our modern economy is built. From electric (zero emission) vehicles to semi-conductors, solar panels and wind turbines, the world needs critical minerals to manufacture those products.

The Strategy aims to boost the production and processing of the country's 31 identified critical minerals; however, six minerals are prioritized in the Strategy for their distinct potential to spur Canadian economic growth and their necessity as inputs for priority supply chains. These six minerals are: lithium, graphite, nickel, cobalt,