We’re also keenly aware of the untapped Canadian potential in rare earth elements.
Although Canada does not currently produce any rare earth elements, my department’s mapping efforts have helped mining exploration companies to identify potential sites.
Canadian companies are currently working on several projects that have significant concentrations of rare earth elements in their ore. These companies may be able to begin production by mid-decade.
Canada’s dynamic and innovative mining industry is helping us realize that potential. After all, your industry has been one of Canada’s economic cornerstones since the early days of our country.