Market Insights with Joe Mazumdar: Trends in the Resource Sector

August 1, 2023

Rising Demand for Critical Minerals in Canada: The Focus on Lithium and Overlooked Potential of Copper

The demand for critical minerals, particularly lithium for electric vehicle batteries, is rapidly increasing in Canada. Lithium deposits, mainly found in pegmatite dikes, are being actively explored and developed in regions like Quebec, northern Ontario, and the Northwest Territories. However, there seems to be less focus on the importance of copper, despite its essential role in various technologies, including electric vehicles, charging stations, and renewable energy infrastructure. Copper's conductivity is crucial for these applications, and its demand is also high due to the growth in these industries.

You might also like

Metals & Mining
CEO Clips - Bunker Hill Mining: Revitalizing an Iconic American Mining Legacy

Bunker Hill Mining, home to one of the most storied mines in the Silver Valley, is making strides to bring this historic mine back into production, focusing on zinc—a metal essential for renewable energy transitions.

Metals & Mining
Bunker Hill Mining: Accelerating Zinc Production for a Greener Future

With a fast-tracked approach, Bunker Hill Mining is transforming a historical Idaho mining asset into a key producer of zinc, a vital metal for clean energy infrastructure.

Content Broadcast on: BNN Bloomberg, CNBC, Bloomberg, FOX Business News, BIZTV, Reuters, The Globe and Mail, YouTube and more!