US Edition$30B in new investments needed to meet Canada’s critical mineral demand: report
- A report from the Canadian Climate Institute, published on June 12, 2025, projects that Canada will require a minimum of $30 billion in capital funding by 2040 to satisfy the domestic demand for six essential critical minerals.
- This demand reflects growing needs for minerals like lithium, copper, cobalt, nickel, graphite, and rare earths driven by technologies such as EV batteries and wind turbines amid global market shifts.
- The report highlights recent federal funding initiatives, provincial legislative acts aiming to speed project approvals, and advocacy for Indigenous participation and streamlined regulations to attract investment.
- Marisa Beck, the report’s lead author, emphasized that projects advancing quickly are those that involve Indigenous communities and consistently maintain the highest environmental standards.
- Failing to increase investment and maintain environmental and Indigenous consultation risks project delays, supply chain instability, and loss of Canada's share in the growing critical minerals market.
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$30B in new investments needed to meet Canada’s critical mineral demand: report
A newly released report estimates Canada will need at least $30 billion in new capital investments by 2040 if it wants to meet domestic demand for the critical minerals key to a green economy transition.
Canada will see critical mineral shortfall without big investment_ report finds
Canada needs between $30 and $65 billion in new investments to kick-start enough critical mineral mining projects to reach its production potential by 2040, a new report has found. The study, released by the Canadian Climate Institute late Wednesday, calculated that would mean opening more than 30 new mines over the next 25 years. The report focuses on the extraction of six critical minerals found in abundant quantities in Canada that represent …
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$30B in new investments needed to meet Canada's critical mineral demand: report
TORONTO — A newly released report estimates Canada will need at least $30 billion in new capital investments by 2040 if it wants to meet domestic demand for the critical minerals key to a green economy transition.
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