- Write by:
-
Wednesday, June 15, 2022 - 12:44:14
-
1034 Visit
-
Print
Mining News Pro - The United States, Canada and other countries have established a new partnership aimed at securing the supply of critical minerals, which are essential for clean energy and other technologies,as global demand for them rises, the State Department said on Tuesday.
Demand for the minerals, such as nickel, lithium and cobalt, is projected to expand significantly in the coming decades.
Massive amounts of these minerals will be needed to meet the United States’ emissions reduction goals, Jose Fernandez, under secretary for economic growth, energy and the environment at the State Department, said in a telephone interview.
“You will need six times more lithium by 2050 than you use today in order to meet the clean energy goals,” Fernandez said, speaking from Toronto. Canada “is an important supplier of critical minerals,” he added.
The minerals are key inputs in batteries, electric vehicles, wind turbines, and solar panels, and are also used in products ranging from computers to household appliances.
The Minerals Security Partnership will aim to help “catalyze investment from governments and the private sector for strategic opportunities … that adhere to the highest environmental, social, and governance standards,” the State Department said in a statement.
The U.S. government has been working with Canada to boost regional supply chains to counter China’s dominance in the sector.
Critical minerals are “a generational economic opportunity for Canada if we get it right,” Canada’s natural resources minister, Jonathan Wilkinson, said in a phone interview. He spoke from Toronto’s annual mining gathering, called the Prospectors & Developers Association of Canada conference.
Canada has large deposits of nickel and cobalt, while the United States does not, Wilkinson said.
The Minerals Security Partnership, in addition to Canada and the United States, includes Australia, Finland, France, Germany, Japan, South Korea, Sweden, the United Kingdom and the European Commission.
Short Link:
https://www.miningnews.ir/En/News/621542
Chinese carmaker BYD Co has postponed plans to produce lithium cathodes for electric vehicle (EV) batteries in Chile by ...
Copper futures in New York rallied to a record high after a short squeeze that’s prompted a scramble to divert metal in ...
China’s CMOC Group Ltd. is being accused by a top US official of using “predatory” tactics to depress prices of a key ...
A Native American group said on Tuesday it will take its fight against Rio Tinto’s proposed Arizona copper mine to the ...
Teck Resources Ltd expects to generate annual earnings before interest, depreciation, tax and amortization (EBITDA) of ...
Australian-based Atlantic Lithium Ltd., which is developing Ghana’s first lithium mine, has taken a step toward raising ...
Indonesia’s outgoing government has added 16 programs to its list of strategic projects that will receive state support, ...
Truck drivers in Chile staged protests Monday in the mineral-rich north of the country and around the capital Santiago, ...
Democratic Republic of Congo’s government has lifted a suspension order on a Congolese copper and cobalt operation ...
No comments have been posted yet ...