Posted 3/2/2024, 5:57:22 PM
Canada Seeks to Boost Domestic Mining, Counter China's Dominance in Critical Metals
- Canada concerned about critical metals market manipulation and dumping by China
- Looking to develop domestic supply chains with allies to reduce reliance on China
- Exploring alternative pricing models proposed by U.S. to improve transparency
- Mining industry downturn due to falling lithium and nickel prices, impacting financing
- Canada's scrutiny of foreign deals and policy changes have reduced its capital attraction
