- Write by:
-
Tuesday, March 5, 2024 - 00:25:34
-
371 Visit
-
Print
Canada and Australia have agreed to promote shared priorities related to the extraction, processing, and refining of critical minerals, they said in a joint statement on Monday.
The announcement came on the sidelines of the annual Prospectors and Developers Association of Canada (PDAC) conference in Toronto.
Demand for critical minerals used in batteries is projected to expand significantly in coming decades as the world transitions to clean energy. Canada and Australia both have large deposits of the minerals.
They will explore opportunities for R&D collaboration and support bilateral mining and service sector trade and investment through what they said was a non-legally binding understanding.
Canada and Australia will also push for critical minerals supply chain transparency and advocate for strong Environmental, Social and Governance credentials in global supply chains, according to the statement.
Canada’s Natural Resources Ministry and Australia’s Critical Minerals Office will lead the joint work on critical minerals and coordinate on policies and investments.
Short Link:
https://www.miningnews.ir/En/News/628094
Australia’s Whitehaven Coal said it expected higher prices for steelmaking coal in the near and medium term due to ...
Hot and dry weather is spawning dozens of new wildfires across Alberta, with blazes threatening more than 400,000 ...
Australian billionaire Gina Rinehart’s private company, Hancock Prospecting Pty Ltd., is considering the development of ...
Canadian miner Montage Gold on Tuesday said Chinese mining firm Zijin Mining Group would take a 9.9% strategic stake in ...
Lynas Rare Earths flagged BHP Group’s ability to supply sulphuric acid, a key ingredient in rare-earths processing, to ...
Sprott Inc. says its new fund to buy and hold physical copper will be too small to have an impact on global availability ...
Iron ore prices are likely to stay in three digits for the rest of 2024, insulated to a large degree from China’s ...
US critical minerals developer Talon Metals (TSX: TLO) has announced the sale of a net smelter return royalty to a ...
New Canadian rules limiting foreign takeovers of mining companies will leave the nation’s biggest metals producers with ...
No comments have been posted yet ...