World cannot allow Russia, China to dominate critical minerals market: Wilkinson

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The strategic mistake made in allowing Russia to have global dominance in oil and gas cannot be repeated as the world looks to massively ramp up production of critical minerals, Natural Resources Minister Jonathan Wilkinson asserted this week.

Demand for critical minerals and metals — such as lithium, graphite, nickel, cobalt and copper — is exploding as demand climbs for everything from smartphones and laptops to wind turbines, solar panels and electric cars.

"Where we are going to have an absolute requirement for these minerals, being dependent on countries that do not always share our perspectives on global affairs, and that have shown the ability at times to use their control of some of these resources as a weapon, is not a very good strategy," he said.

Right now China is the biggest global player in critical minerals — it is the world's largest producer of half of the 31 minerals and metals Canada has listed as critical to its economy. Canada's draft critical minerals strategy is focusing on six minerals and metals the federal government has decided have the greatest potential for economic growth and employment opportunities: lithium, graphite, nickel, cobalt, copper and rare-earth elements.

 

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That would limit WEF corporate partners drive to dominate minerals market.

for those that think there is a war!

Fake outrage to say the world can't 'allow' it but Canada certainly does with China Demand for critical minerals is exploding yet our mines get sold to China And Wilkinson let it happen - Fake 'bad Russia'

Sorry you meant to say US and EU

The USA has always been the problem with international economics. Perhaps it's time for a shake up.

When Canada and US are bought and paid for it's not so easy to stop. TrudeauForTreason TrudeauIsDestroyingCanada BidenIsAFailure

right, except try getting through environmental approvals in this country. They are hypocrites. Support it in public, kill them and bleed them in red tape and roadblocks.

JonathanWNV What Canadian Govt will do to stop Russia & China's dominance in the critical minerals market? NOTHING as usual because democracy makes the politicians prisoners of elections & which limits their ability to think beyond How to win elections. JustinTrudeau CBCNews

Too late.

If its on their soil or they obtained it legally instead of through militarization like the British and Americans, whats the issue?

Well if the minerals are there? then what

West*

Who’s going to stop them lol

Tell JustinTrudeau who is complicit at worst negligent at best for abandoning Canadian interests. cdnpoli

Ha! So the Trudeau gov has changed their tune over the last 3 months 🤔

world can not allow either country to dominate any single valuable industry.

Lmfao and the real reason why the US provoked a war with Russia.

Lol wow others are finally catching on ?

Too late, the cows have left the barn

When you got fools running the country that are more worried about vaccine mandates and climate change we will get left behind and it's laughable, you get what you vote for.

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