Summit promoting new rare earths industry held in Saskatoon

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Greener energy supply, ongoing Indigenous engagement identified as areas of focus to support development of North American processing hub.

Representatives from as far afield as India and Australia mingled at a downtown hotel for a breakfast discussion panel; speakers representing Germany and Norway also took part in the day’s events.We deliver the local news you need in these turbulent times on weekdays at 3 p.m.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails. Postmedia Network Inc.

This all comes amid high-level strategic planning by Western governments seeking to wean their countries off dependence on China, which currently controls more than 80 per cent of the rare earths market. With major car companies and parts makers among the firms committing to make their supply chains entirely carbon neutral, Connelly said there’s limited time for Saskatchewan to transform its power grid.Article content

“The end-use buyers want to be assured that they’re ethically sourced, that there’s a high level of corporate-social licence to operate and that there’s a significant environmental, social and governance component. And that means they expect that the people from whose lands the resources come, or where they are processed, get a chance to participate in the economic opportunities that stem from that. It’s just … it’s 2022,” he said.

 

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