Posted 3/2/2024, 12:06:00 PM
Canada Seeks to Build Electric Vehicle Supply Chains, Concerned About China's Market Control
- Canada concerned about market manipulation and dumping in metals for electric vehicle batteries
- Looking to develop critical mineral supply chains to reduce China's 90% market control
- Concerns over low metal prices and dumping will be discussed at mining conference PDAC
- Exploring alternative pricing idea proposed by U.S. Department of Defense
- Canada has lost some appeal for mining investment due to commodity crash, economic issues, increased scrutiny of foreign deals