Canada invests in Vital Metals rare earths producer
by CM staff
Canada released its first Critical Minerals Strategy in December 2022, which is a roadmap to make Canada a global supplier of critical minerals.
SASKATOON — Prime Minister, Justin Trudeau, met with workers at the Saskatoon facility of Vital Metals, Canada’s first rare earths producer. Rare earth elements are a critical mineral used in clean technology like electric vehicles and wind turbines. The Government of Canada recently announced $5 million in funding to help establish processing and production at this facility, part of a series of federal investments to support jobs and the growth of Canada’s critical minerals sector.
“The world wants clean technology, and Canada has the resources, the expertise, and the skilled workers to meet that demand,” said Justin Trudeau. “By developing and processing our critical minerals here in Canada – the first step in the clean technology supply chain – we can create good middle-class jobs all while keeping our air clean for generations to come.”
Canada released its first Critical Minerals Strategy in December 2022, which is a roadmap to make Canada a global supplier of critical minerals.
Canadian workers and businesses are already leading on clean energy and technology, and the components that go into it. As demand continues to grow, positioning Canada as a reliable supplier will create Canadian jobs, grow the economy, and cut pollution to help fight climate change, reads the government press release.
