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Canada releases critical minerals strategy, backed by $3.8B in federal funding

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The Government of Canada on Friday released its Critical Minerals Strategy , backed by up to $3.8 Enhancing global security and partnership with allies. The Strategy focuses on opportunities at every stage along the value chain for Canada’s 31 critical minerals, from exploration to recycling. Earlier post.)

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GlobalData: Hydrogen market growth to surge in 2023 despite slowing global economy

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This could have been due to the companies trying to strengthen their core business and diversify the investment risk given the global economic situation. mtpa low-carbon hydrogen capacity was announced in the US, Denmark, Egypt, Canada, Portugal, and other countries. In 2022, more than 111.9 mtpa active and upcoming capacity combined.

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Canada awarding more than $344M for critical minerals development

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The Government of Canada will award more than $344 million in funding to suport five new critical minerals programs and initiatives. Global Partnerships Program. $70 The five are: Critical Minerals Technology and Innovation Program. Northern Regulatory Initiative. $40

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NGen Canada awarding $76M to 15 zero-emission vehicle projects

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In 2021, Next Generation Manufacturing Canada (NGen) launched a call for proposals to support R&D projects for zero-emission vehicle (ZEV) manufacturing, systems, components, and batteries in Canada. The global market for MEAs is projected to be $15 billion by 2025. Lead: Rayleigh Solar Tech Inc; Partner: Magna International.

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S&P Global: US faces new challenges meeting increased demand for critical minerals spurred by IRA

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However, ensuring enough qualifying supply to meet that demand faces “considerable challenges,” according to a new analysis by S&P Global. Doing so would require a challenging reorientation of trading patterns across several countries given intense international competition for resources, the study says. and Vale Canada Ltd.

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US, Canada, Japan, Netherlands, and EC launch new hydrogen initiative

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At the 10th Clean Energy Ministerial (CEM10) meeting, a new international hydrogen partnership was announced under the leadership of the United States, Canada, Japan, the Netherlands and the European Commission with participation of several other CEM member countries.

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Stellantis and LG Energy Solution to invest > $5B CAD in JV for 45 GWh gigafactory in Canada

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and LG Energy Solution (LGES) have executed binding, definitive agreements to establish the first large-scale, domestic, electric-vehicle battery manufacturing facility in Canada. billion USD) to establish operations, which will include an all-new battery manufacturing plant located in Windsor, Ontario, Canada. Stellantis N.V.

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