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In this interview with Sarmad Jawad Al-Fadly, Ian M. London, executive director of the Canadian Critical Minerals & Materials Alliance, emphasizes that Canada’s rich mining history and resources alone are insufficient to remain competitive during the energy transition.
London argues that Canada urgently needs to establish commercialization hubs to produce finished products like batteries, permanent magnets, and cathodes, which industries such as the auto sector demand. These hubs would reduce pre-production costs for emerging ventures through shared resources and expertise.
London also highlights the importance of demand-driven energy transition and notes that Canada is competing with countries like China, Japan, and Korea, who are ahead in the race. He stresses the role of government in facilitating industry collaboration rather than financing individual projects, underscores the need for a skilled workforce in the critical minerals sector and concludes by cautioning against seeking perfection at the expense of progress in this highly competitive market.Deal will make the combined group a mid-tier gold miner producing around 400,000 ounces of gold a year in Western Australia.
Silvercorp sees potential cancellation of the environmental permit for Adventus' El Domo project as an unmet condition for closing the deal.
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