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Proposed critical-mineral mines in B.C. could each make $1B per year revenue if approved: industry association (CBC)


As British Columbia prepares to reveal its plan to take advantage of demand for critical minerals used in electric vehicles, solar panels and wind turbines, the association for mining in the province says more than a dozen new mines could average $1 billion in revenue each per year if they're approved.

The Mining Association of B.C. (MABC), which represents steel-making coal, metal and mineral operations as well as smelters and advanced development companies, commissioned a study to look at the economic impact of 14 potential critical-mineral mines and two mine extensions.

The association says critical minerals have the potential to be a major economic driver for B.C. — greater than wood product manufacturing, the motion picture industry and residential building construction combined.

The study's release comes after months of work by the province on its upcoming critical minerals strategy ...

CLICK HERE for the full story
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