{"id":1153555,"date":"2019-12-05T05:44:27","date_gmt":"2019-12-05T11:44:27","guid":{"rendered":"https:\/\/www.mining.com\/?p=1008509"},"modified":"2019-12-05T05:44:27","modified_gmt":"2019-12-05T11:44:27","slug":"canada-looks-into-mining-critical-minerals-for-us-market","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1153555","title":{"rendered":"Canada looks into mining critical minerals for US market"},"content":{"rendered":"<p>Canada is studying how its mining sector can become a key<br \/>\nprovider of rare earths and other critical minerals and metals a greener world<br \/>\nwill need.<\/p>\n<div class='d-flex justify-content-center'>\n<div id='div-gpt-ad-1561499308230-0'><script>googletag.cmd.push(function() {googletag.display('div-gpt-ad-1561499308230-0');});<\/script><\/div>\n<\/div>\n<p>Natural Resources Canada would hire a British firm to provide 10-year market forecasts for nearly two dozen vital minerals used in products like electric car batteries, solar panels, wind turbines and military devices, <a rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\" href=\"https:\/\/thestarphoenix.com\/commodities\/mining\/trudeau-government-does-spadework-on-minerals-crucial-to-future-economy\/wcm\/3cb56e36-7d70-49c5-8f10-220e5e81edbb\" ><em>The Canadian Press<\/em> reported<\/a>.<\/p>\n<figure class=\"wp-block-pullquote alignright\">\n<blockquote>\n<p>Of the 35 minerals and metals&nbsp;the US deemed critical&nbsp;earlier this year, Canada was identified as a major import source for 13.<\/p>\n<\/blockquote>\n<\/figure>\n<p>The plan comes as the Trudeau government&nbsp;is working with the United States on a joint initiative to ensure reliable supplies of rare earths and critical minerals, a <a href=\"https:\/\/www.mining.com\/china-kicks-off-national-survey-of-rare-earth-resources-amid-threats-of-supply-curbs\/\"  rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">market currently dominated by China<\/a>.<\/p>\n<p>Of the 35 minerals and metals <a href=\"https:\/\/www.mining.com\/web\/us-report-urges-steps-reduce-reliance-foreign-critical-minerals\/\"  rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">the US deemed critical<\/a> earlier this year, Canada was identified as a major import source for 13.<\/p>\n<p>The 17 vital elements used in missile systems, electric<br \/>\nvehicles, computer screens and other tech devices were thrown into the<br \/>\nspotlight after China&nbsp;signalled&nbsp;earlier this year that it may<br \/>\nrestrict supply to the US as a retaliatory measure for tariffs imposed by<br \/>\nWashington.<\/p>\n<p>The threat set off alarm bells not only because the Asian<br \/>\ngiant is the US main provider of rare earths, but also because it accounts for<br \/>\n70% of global production and controls 90% of a market value in $4 billion.<\/p>\n<p>In the past months, the Trump administration has&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/www.mining.com\/us-steps-up-efforts-to-limit-chinas-control-of-critical-minerals\/\" >stepped up efforts to ensure the supply of critical minerals<\/a>&nbsp;from outside China. As part of those initiatives, it has signed a memorandum of understanding with Greenland to conduct a hyper-spectral survey to map the country\u2019s geology.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.mining.com\/wp-content\/uploads\/2019\/12\/china-losening-grip-rree-bloomberg-1024x752.png\" alt=\"\" class=\"wp-image-1008512\" srcset=\"https:\/\/www.mining.com\/wp-content\/uploads\/2019\/12\/china-losening-grip-rree-bloomberg.png 1024w, https:\/\/www.mining.com\/wp-content\/uploads\/2019\/12\/china-losening-grip-rree-bloomberg-300x220.png 300w, https:\/\/www.mining.com\/wp-content\/uploads\/2019\/12\/china-losening-grip-rree-bloomberg-768x564.png 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<p>Washington has also gained the support of Australia,<br \/>\nwhich&nbsp;<a href=\"https:\/\/au.usembassy.gov\/white-house-statement-trump-turnbull-meeting-strengthens-alliance\/\"  rel=\"noreferrer noopener\">has committed to facilitate potential joint ventures<\/a>&nbsp;to<br \/>\nimprove rare earth processing capacity and reduce reliance on Chinese rare<br \/>\nearths. The mineral agencies of the both countries&nbsp;<a href=\"https:\/\/www.mining.com\/web\/australia-signs-critical-minerals-research-agreement-with-us\/\"  rel=\"noreferrer noopener\">signed in November a research agreement<\/a>&nbsp;to quantify<br \/>\ntheir reserves of critical mineral reserves.<\/p>\n<p>Despite their name,&nbsp;the minerals grouped under the rare<br \/>\nearths label are not rare. According to the US Geological Survey (USGS), they<br \/>\nare roughly as common as copper. But, because rare earth ores oxidize quickly,<br \/>\nextracting them is both difficult and extremely polluting.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Natural Resources Canada plans to hire a British firm to provide 10-year market forecasts for nearly two dozen vital minerals and metals.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[2849,369],"tags":[],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1153555"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1153555"}],"version-history":[{"count":2,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1153555\/revisions"}],"predecessor-version":[{"id":1153697,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1153555\/revisions\/1153697"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1153555"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1153555"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1153555"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}