Posted 3/2/2024, 12:06:02 PM
Canada Seeks to Boost Domestic Mining of Metals for EV Batteries, Concerned About Market Manipulation and Reliance on China
- Canada concerned about market manipulation and dumping in critical metals for EV batteries
- Looking to develop domestic supply chains to reduce reliance on China's near monopoly
- Will discuss alternative pricing models to address dumping at major mining conference
- Commodity price crashes have impacted Canadian miners' ability to raise funds
- Canada's scrutiny of foreign deals and policy changes have made it less attractive for mining investments