Page 1 of 1

SK Party plans for critical minerals . . . .

PostPosted: Wed Oct 23, 2024 9:27 am
by Oscar
Here’s what the Saskatchewan Party is — and isn’t — saying about plans to be a ‘critical minerals powerhouse’

[ https://thenarwhal.ca/saskatchewan-elec ... -minerals/ ]

Premier Scott Moe has pushed for big investments in critical minerals, deemed ‘vital for modern living.’ With a Saskatchewan election around the corner, here’s what you need to know

By Drew Anderson - October 8, 2024 ***Numerous internal LINKS*** - 8 min. read

Critical minerals are deemed as crucial for expanding electrification and a lower-carbon economy. Saskatchewan is hoping to position itself as a world leader in their production. Photo: Leah Hennel / The Narwhal

EXCERPT: Saskatchewan has big plans for what lies beneath its soil.

It’s positioned itself “at the forefront of global critical minerals production.” The province is, in its own words, “a critical minerals powerhouse” at a time when the minerals dubbed crucial to technology and a lower-carbon economy are increasingly sought after.

That’s because, according to the government, it is home to the world’s largest reserves of some critical minerals, including potash — used for agricultural fertilizer — and high-grade uranium, used to produce nuclear energy.

The conservative Saskatchewan Party government has been busy bolstering the sector, which it dubs “vital for modern living,” during its time in office, offering incentives and a blueprint for extracting more critical minerals in the province. The primary focus outlined in its critical minerals strategy is on the three minerals it already extracts — potash, uranium and helium — but it also wants to increase exploration for 27 of the 34 critical minerals listed by the federal government which exist in Saskatchewan.

By increasing both production and the money poured into exploration, the government aims to double the number of critical minerals produced in Saskatchewan — from three to six — by 2030 and establish the province as a rare earth elements hub (more on that later). . . . .

More:
[ https://thenarwhal.ca/saskatchewan-elec ... -minerals/ ]