SRG - Canada Wants To Increase Critical Mineral Production But China's Involvement Raises Concerns | Benzinga
A recent independent economic impact analysis conducted for the Mining Association of British Columbia (MABC) has revealed that 16 proposed critical mineral mines in the province of British Columbia could generate significant economic benefits.
What Happened: A study by Mansfield Consulting found that these mines represent a near-term investment of C$36 billion, could create 300,000 person-years of employment, and contribute C$11 billion in tax revenues.
"This is a generational opportunity that must be seized and could position BC as a leading global supplier of responsibly-produced critical minerals. We want to move forward with the Governments of Canada and British Columbia, First Nations, local governments, and labor, to unlock critical mineral developments for the benefit of all British Columbians," said MABC chief executive Michael Goehring.
British Columbia plays a vital role in global mining. It houses 10 metal mines, seven steelmaking coal mines, and two smelters. It is Canada’s leading producer of ...