Canada's EV momentum could stall without more mines, say mining, auto execs

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Canada's EV momentum could stall without more mines, say mining, auto execs
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Mining and auto industry advocates are warning that despite Canada’s early successes in securing downstream components of the electric vehicle battery supply chain, slow progress on getting mines built puts Canada’s attempt to secure an outsized share of the battery market at risk.

“If we don’t figure out how we get more mines into production, it will all be for naught,” said Photinie Koutsavlis, vice-president of economic affairs and climate change at the Mining Association of Canada.

David Adams, president of the Global Automakers of Canada, which represents overseas automakers in Canada, also said the country must move more quickly. The successful investment pitches, Koutsavlis said, have centred on Canada’s stores of critical minerals, and the country’s ability to ready those resources for use in batteries. But after creating an “insatiable demand for raw materials,” she said it would be “horrible if we can’t deliver” because of sluggish progress on the mining side.

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