Stay Long and Prosper Captain ! The question is not whether we require minerals and metals to reach our climate goals, but rather the extent to which Canada will be the supplier the world needs. The World Bank forecasts up to 500 per cent increases in the production of multiple mineral and metal inputs required to produce the clean technology essential to limiting the rise in global temperatures to two degrees Celsius above pre-industrial levels.
Similarly, the International Energy Agency projects that electric vehicles (EVs) and battery storage will account for roughly half of the growth in mineral demand from clean energy technologies over the next two decades (to 2040), spurred by surging demand for battery materials.
Canada fulfills the need for critical minerals, using less carbon intensity, better than most competing mining jurisdictions. We have the world’s fourth-cleanest electricity grid with 82 per cent of power from renewable or non-emitting sources.
Canada must invest in critical minerals (irpp.org)