FAT:CC - The Lithium Boom in Manitoba
Demand for electric vehicles continues to grow at an unprecedented rate. With this growth comes the need for increased production of battery metals such as lithium. Manitoba, a mining-friendly region with immense stores of the metal , is well-positioned to address this need.
Last year, the Government of Canada announced that it will require light-duty cars and passenger truck sales to be zero-emission by 2035. By 2040, it will require all new vehicle sales to be zero emission. It's a move that speaks to a larger shift towards renewable energy , driving home the point that sustainability and electrification are the future.
But reaching that future is easier said than done. Demand for battery metals has grown at a significantly faster pace than supply. Nowhere is this more evident than with lithium, one of the primary metals in rechargeable batteries and a major resource for cleantech .
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The Lithium Boom in Manitoba