World cannot allow Russia, China to dominate critical minerals market: Wilkinson – by Mia Rabson (Victoria Timines Colonist/Canadian Press – June 16, 2022)

OTTAWA — The strategic mistake made in allowing Russia to have global dominance in oil and gas cannot be repeated as the world looks to massively ramp up production of critical minerals, Natural Resources Minister Jonathan Wilkinson asserted this week.

Demand for critical minerals and metals — such as lithium, graphite, nickel, cobalt and copper — is exploding as demand climbs for everything from smartphones and laptops to wind turbines, solar panels and electric cars.

“Simply put, there is no energy transition without critical minerals, and this is why critical mineral supply chain resilience is an increasing priority for advanced economies,” Wilkinson said, in the written forward to a draft of his promised critical minerals strategy, released this week.

In an interview with The Canadian Press, Wilkinson said that resilience will only come if western countries don’t allow a geographic concentration of mineral production in countries that can’t be trusted.

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