CANADA INCLUDES POTASH ON LIST OF
31 CRITICAL MINERALS
collaboration is also essential to advancing the critical mineral file and seizing opportunities. That is why the federal government has engaged provinces and territories through the FPT Task Team to help refine
A
and support Canada’s list of critical minermid increased global demand, the Government of Canada recently announced a list of 31 minerals considered critical for the sustainable economic success of Canada
dentials, potash companies in Saskatch-
als.
ewan are investing in renewable energy
Canada has the potential to be a secure and
and its allies, including potash. As a miner-
have shown a commitment to Indigenous
al that is critical to global food security, the
communities and business groups through
inclusion of potash demonstrates the gov-
agreements for training and employment,
ernment’s commitment to protecting this
procurement, economic development, and
essential supply chain, as demand for this
social investment. In a world that increas-
critical mineral grows worldwide.
ingly demands sustainably produced prod-
The critical minerals on this list are essential to lowering emissions, strengthening our energy security, and increasing our competitiveness. As well, the list gives a
sources – such as wind and solar – and process innovations to cut greenhouse gas emissions. Additionally, potash companies
ucts, the potash industry is doing its part to ensure Canada’s mining sector is a global leader in environmental practices and corporate social responsibility.
responsible supplier of critical minerals to many global partners, and to develop value chains that create new economic opportunities in the country. Through work with international allies, such as the United States and the Canada-US Joint Action Plan on Critical Minerals Collaboration, the government is advancing mutual interests in securing supply chains for critical minerals needed for important manufacturing sectors, including communication technology, aerospace and defense, and clean technology. Industry will be an important partner
strong signal to investors where Canada
Not only does the inclusion of potash on
in efforts to build these value chains – from
will focus and lead.
the critical minerals list provide greater
exploration to mining, mineral processing
certainty and predictability to industry,
to downstream manufacturing.
This puts Canada in a strong position to leverage its existing advantages to advance the competitiveness of the potash industry, grow the economy, and create good jobs
investors, provinces and territories, and international partners, it signals its importance to the Canadian economy.
Canada is a global mining power and the critical minerals list is a sign that it is acting now to secure its leadership position. As
for Canadians. Nowhere is this more clear
The critical minerals list aligns with the
global and regional economies focus on the
than in Saskatchewan, where the potash
Canadian Minerals and Metals Plan, a
economic recovery post COVID-19, there
industry plays a crucial role in supporting
pan-Canadian effort developed by feder-
is a generational opportunity to supply the
workers, their families, and the commu-
al, provincial, and territorial governments
world with sustainable commodities, prod-
nities they live in. In addition to being the
to improve competitiveness in all aspects
ucts, services and innovations, and to se-
largest producer and exporter of potash in
of the minerals and metals industry and
cure key supply chains.
the world, the industry employed approx-
to position Canada to thrive when econo-
imately 5,000 workers and contributed
mies look to grow following the global pan-
over $5.5 billion to Canada’s GDP in 2019.
demic. Other work includes developing a
Moreover, potash demand is forecasted to
Pan-Canadian Geoscience Strategy, which
increase from 63.3 megatons (Mt) in 2019
includes a focus on critical minerals and
to 72.5 Mt in 2024, and 103.2 Mt in 2045.
developing made-in-Canada supply chains
Building on Canada’s world-renowned environmental, social, and governance cre-
for critical minerals and clean technologies. Federal, provincial, and territorial (FPT)
And we couldn’t do it without you. Canada’s minerals and metals industry is more than just mines – it is workers, communities, and Indigenous peoples employed in a range of activities, including engagement, technological innovation, environmental permitting and monitoring, and the sustainable development of our resources. l
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