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2024 | OriginalPaper | Buchkapitel

26. The Critical Mineral Rush: Lithium and Cobalt – A Canadian Perspective

verfasst von : Daniel Bulin

Erschienen in: Constraints and Opportunities in Shaping the Future: New Approaches to Economics and Policy Making

Verlag: Springer Nature Switzerland

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Abstract

Critical minerals are essential for the transition to clean and green energy and for the development of new technologies. Although lists of critical minerals may vary from country to country based on national priorities, there is generally overlap in a number of key resources. The definition of critical minerals serves to prioritize and guide investment, support projects and supply chains, and overall transition to the new economy. As the energy transition and industries of the future rely on essential minerals and forecasts show a significant increase in demand that current supply cannot meet, building supply chains is an important priority for any major economy. In addition, geopolitical uncertainties and conflicts that are intensifying or frozen increase the risks related to mineral resources and critical metals, so governments are obliged to assess their own vulnerabilities and capabilities. The current list of critical minerals in the Canadian strategy includes 31 minerals, but six of them require special attention (in alphabetical order): cobalt, copper, graphite, lithium, nickel, and rare earths. This paper proposes an analysis of the two critical minerals, lithium and cobalt, highlighting Canada’s strengths and weaknesses, as well as risks and opportunities.

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Titel: The Critical Mineral Rush: Lithium and Cobalt – A Canadian Perspective
verfasst von: Daniel Bulin
Verlag: Springer Nature Switzerland
Buch: Constraints and Opportunities in Shaping the Future: New Approaches to Economics and Policy Making
Print ISBN: 978-3-031-47924-3

Electronic ISBN: 978-3-031-47925-0

Copyright-Jahr: 2024
DOI: https://doi.org/10.1007/978-3-031-47925-0_26

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