OTTAWA — Getting the world to net-zero emissions by 2050 will require the production of critical minerals and metals to grow sixfold over the next 30 years, the International Energy Agency declared in a report earlier this year — and it found the current pace of growth isn’t even close.
As electric cars, wind turbines and solar panels explode in popularity, so too does demand for the minerals that make them go. Some are familiar, like nickel, lithium and cobalt, and others are known only to those who memorized the periodic table in high school, like tellurium, bismuth and molybdenum.
Canada, having promised that all the electricity it generates and the new cars that are sold in the country will be zero-emission by 2035, is among the countries driving up demand.
As one of the world’s biggest producers of raw metals and minerals, Canada also wants to be filling that demand as a key link in the supply chain for rechargeable batteries.