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 .
For further details see:
The Lithium Boom in Manitoba