Canada's Critical Minerals Demand Requires $30B in New Investments by 2040, Report Finds.

Canada needs at least $30 billion in new investments by 2040 to meet domestic demand for critical minerals required for a green economy transition. A report by the Canadian Climate Institute suggests that cutting environmental safeguards and Indigenous consultation to speed up mining projects is likely to lead to delays. Governments should support Indigenous participation and reduce environmental risks to reduce regulatory delays and capitalize on surging demand for critical minerals.

Canada is facing a significant challenge in meeting its domestic demand for critical minerals required for a green economy transition. A report by the Canadian Climate Institute suggests that the country needs at least $30 billion in new investments by 2040 to fulfill this demand [1].

The report highlights that cutting environmental safeguards and Indigenous consultation to expedite mining projects could lead to delays rather than accelerate progress. Governments are encouraged to support Indigenous participation and reduce environmental risks to minimize regulatory delays and capitalize on the surging demand for critical minerals.

Apex Critical Metals Corp. (APXCF) has recently announced the commencement of its 2025 exploration programs at the newly acquired Bianco and Lac Le Moyne Projects in Eastern Canada. These projects aim to uncover potential deposits of rare earth elements (REE) and niobium-tantalum, with both properties positioned near known carbonatite complexes in Ontario and Quebec. The Bianco Project, spanning 3,735 hectares in Ontario, is set to begin a ten-day geological mapping and sampling program in mid-June 2025. Meanwhile, the Lac Le Moyne Project covers 4,025 hectares in Quebec and will commence a two-week exploration program in early July 2025 [2].

Power Metallic Mines Inc. (TSXV: PNPN) (OTCQB: PNPNF) has executed a deal to acquire 100% of 313 mineral claims from Li-FT Power Ltd., expanding its Quebec land position by over 300% to 212.86 km². The newly acquired claims border the Company’s flagship Nisk Project, surrounding the high-grade Nisk, Lion, and Tiger polymetallic discoveries. The expanded package gives Power Metallic control of ~20 km of strike along the northern basin and ~30 km on the southern margin—both highly prospective. The region is showing signs of developing into a major polymetallic district, with geological similarities to world-class systems like Noril’sk and Kevitsa [3].

These developments underscore the strategic importance of critical mineral exploration in Canada. However, the success of these projects will depend on the ability to navigate regulatory hurdles and foster collaboration with Indigenous communities. By doing so, Canada can ensure a smoother transition to a green economy while addressing the growing demand for critical minerals.

References:
[1] https://www.gurufocus.com/news/2915303/apex-critical-metals-advances-exploration-programs-for-new-projects-in-eastern-canada-apxcf-stock-news
[2] https://www.openpr.com/news/4060388/power-metallic-tsxv-pnpn-otcqb-pnpnf-positioned
[3] https://markets.financialcontent.com/stocks/article/abnewswire-2025-6-10-power-metallic-tsxv-pnpn-otcqb-pnpnf-positioned-for-critical-minerals-breakout-following-acquisition-more-stocks-inside