Michael Goehring, president and CEO of the Mining Association of British Columbia, highlights the potential for British Columbia to profit from the trade dispute over critical minerals and rare earths between China and the United States.
A provincial mining industry leader says B.C. could end up profiting from trade tensions between China and the United States over critical minerals .
"British Columbians can play a key role in providing the critical minerals the U.S. and our other allies need in the years to come," Goehring said."B.C. has, or produces, 16 of the 50 minerals the United States has identified as being critical to the nation’s economic and national security. In fact, seven per cent of B.C.’s exports to the US in 2022 were critical minerals and metals, including aluminum, germanium, gallium, indium, lead and zinc.
China is world's leading supplier of many minerals used in technologies deemed critical in fields like transportation, communication and alternative energy, all of which have a military and security dimension. Chinese efforts to use its dominance in these materials as leverage have not gone unnoticed, as several western jurisdictions have sought out alternative suppliers, including Canada.
Whether Goehring's appeal will resonate among decision-makers on either side of the U.S-Canada border is a different question given the prospect of trade tensions with Trump returning to the White House next month.
Trade Tensions Critical Minerals China United States British Columbia Mining Industry Rare Earths Mineral Supplies
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