First Nations | In the News
Doug Ford to unveil strategy for ‘critical minerals,’ worth $3.5B to Ontario economy

Originally published in CBC

17 March 2022

EV batteries, smartphones and laptops drive growing demand for nickel, cobalt, lithium, platinum

Premier Doug Ford will unveil plans Thursday for Ontario to capitalize on the growing global demand for minerals that are crucial to technologies such as electric vehicle batteries, smartphones and laptops.

The government provided CBC News with an advance copy of its “critical minerals” strategy, to be publicly released by Ford Thursday morning at a mine north of Thunder Bay.  

Critical minerals — including nickel, cobalt, lithium, and platinum — are already a $3.5 billion-a-year industry in Ontario. They’re classed as critical because of their essential role in the production of specialized technologies. Their supply is also typically at higher risk than the rest of the mining sector because of geopolitics and market demand.

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