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Canada seeks $30-$65B in investments for critical minerals, facing a $290B economic opportunity by 2040.
Canada needs $30 to $65 billion in new investments by 2040 to boost critical mineral mining, including cobalt, copper, lithium, nickel, graphite, and rare earth elements.
The report by the Canadian Climate Institute highlights a $290 billion economic opportunity but emphasizes the need for government support in financial risk-sharing and Indigenous consultation to avoid delays due to community opposition or litigation.
Global demand for these minerals could surge between three and 90 times by 2040.
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