Why Rare Earth Elements (Critical Metals) in Canada and the Timeliness:

Canada stands as a significant supplier of rare earth elements (REEs) in North America.

The province of British Columbia (BC) is a central area of focus for REE exploration and development.

These REEs are indispensable in various technologies, including electric vehicles, wind turbines, and smartphones.

Presently, China dominates the global REE production, accounting for approximately 90%.

Mining firms are actively seeking new REE sources worldwide.

Looking ahead, there is a strategic vision to expand and augment high-quality generative portfolios, extending from Mexico, through Ontario, and into British Columbia, Canada.

BC plays a major role as a North American hub for carbonatites, which are the primary source of REEs for China.

This positioning grants Canada and North America a reliable REE source that isn't dependent on China, ensuring locally sourced metals.

Southern BC offers an advantageous environment for REE development, with convenient travel distances, existing infrastructure, and the capacity for swift development of critical metals for resource and production.