Despite being rich in so-called ‘critical’ minerals needed for electric vehicles and solar panels, Canada is a long way from being a major player in global supply chains currently dominated by countries such as China, a new report suggests.
According to US data provider GlobalData the future supply of minerals and metals needed to meet net-zero targets in 70 countries is uncertain and threatens to undermine ambitious energy transition plans.
Jul 28, 2023 5:50pm
It would appear that there is no way to fulfill the demand for EV car minerals. To replace fossil fuels with renewables by 2050, at the current rates of production, it would take something like 400 years of nickel production and 189 of copper. The numbers for cobalt, vanadium, and lithium are so very much higher.
Robadam
Robadam
Jul 28, 2023 10:49am
Kanada is banking on their milk cow called Alberta, sticking around and keep supplying them with $$ for all these eastern elite boondoggles.
Time is long overdue for that Republic of Alberta!
Jul 28, 2023 10:02am
Even if there ever is enough raw materials to manufacture the batteries, where will the electricity come from? Permits for both hydro and nuclear power are well beyond 2035.
Growing demand for EVs now there is a joke. Tesla three price cuts and still inventory is growing, Volkswagen cutting production while getting $16.3 billion tax payer subsidy to build batteries, ships transporting EVs going down in flames, China dumping EVs in European market, European manufacturers dumping their vehicles in NA market, Big Three NA auto manufacturers cutting back on production in spite of billions in tax payer subsidies, growing market? Only a virtue signaling EV driving Liberal would believe.
Jane V
Jane V
Jul 28, 2023 6:48am
No agreement for road to Ring of Fire. Revenge of the natives. Too funny!
Taz
Taz
Jul 27, 2023 5:54pm
Canadians are so duped. Media generates stupid people.
Straight Shooter
Straight Shooter
Jul 27, 2023 5:00pm
More FREE $billion$ for buddies, from your hard work.
End corporate parasite welfare.
Welcome to the discussion.
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