Lomiko’s response to the Canadian government’s plan to support the new energy future with $3.8 billion spend on domestic production of critical minerals, including lithium and graphite, and funding available for First Nations partnerships
Overview Ottawa’s plan to spend C$3.8 billion (US$3.02 billion) to boost domestic production of lithium, copper and other strategic minerals should help propel the country’s efforts to become a key part of the global electric vehicle supply chain, and complements the additional C$8 billion allocated to transform and decarbonize industry and invest in clean technologies…