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Canada’s Budget 2022 calls for C$3.8B to launch Critical Minerals Strategy

Green Car Congress

The introduction of a new 30% Critical Mineral Exploration Tax Credit for specified mineral exploration expenses incurred in Canada and renounced to flow-through share investors. Specific measures proposed in Budget 2022 to support critical mineral projects include: Up to $1.5

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The Importance of Recycling and Repurposing EV Batteries

Setec Powerr

Valuable materials such as cobalt, nickel, lithium, and copper are then extracted and refined, removing impurities to meet quality standards for reuse. The process of mining and refining raw materials for battery production is resource-intensive and environmentally taxing. Recycling reduces the need for new material extraction.

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GM Back in the EV Spotlight

Green Car Congress

Noting similar challenges for other OEMs, Casey Selecman, a forecast director with AutoForecast Solutions, stated, “Everyone is up against it globally, there are looming threats of shortages for nickel, lithium, graphite and cobalt.” Brent Wilson is CEO of Galvanic Energy , a geoscience-driven resource exploration company.

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