You want some of the impacts of making those value added products in your back yard?

A key reason why Canada ships its oil, lumber, and minerals elsewhere for processing is because there is a human cost to processing these things that moat people don’t want to pay.

Also, where clean processing is possible it makes processed materials cost-prohibitive when you can just buy the stuff from jurisdictions where health and environmental laws are lax or non-existent and you can process however you like.

Well, tax the dirty processors and eliminate them from the supply chain, you might suggest! That’s not easier either, see eliminating forced labour from the supply chain as an example.

I’m not saying nothing should or could be done about Canada’s extraction-only economy, just that it isn’t as easy it may appear at first glance.

People of canada should get dividents from profit

The problem is greed, ad infinitum.

Weird. I have uBlock and it was fine.

The value comes from the material extracted being sold for profit in some way.

I wonder if Elon will call for couping Canada to gain access to it.

Well take it by any force needed, brother. Citation: iraq 1 and Iraq 2

Well, we’ve figured it on things like canola (crush for oil), peas (fractionation plants), lumber (sawmills) and cattle (packing plants). Those have pretty much been in spite of ourselves, not because, as they’ve flourished when we’ve had trade wars with the US/China (or BSE as the case may be).

We just need a nice crippling tariff on raw lithium and we’ll invest in making batteries. Maybe an export tariff for anything that heads to the US, and funnel that to startup some competition to CATL. The amount of human labor a LFP plant uses is pretty minimal. It would give us all those high-tech retraining positions I keep hearing about we’re going to get any day now.

Wasn’t the last time a Canadian company discovered an “inexhaustable supply” of some mineral it was a gold scam that was one of the biggest mining industry scams in history that scammed people out of their pensions?

Please, I would like to see chain-of-custody third party samples before jumping to conclusions.

Sounds like a dictatorship that needs McLiberated

This is just an ad for a satellite exploration company. It is not even that big a deal.

From the article, “That potential would place Cisco among the largest hard-rock lithium deposits now being tracked in the James Bay region.”

So, not even the biggest in the area.

Also, Sodium Ion is about to make Lithium much less of a big deal.

Still great economically but hardly as world changing as the headline makes out.

I am sure you are thinking of BreX.

Other than Canadian investors and mining as a general theme, I cannot think of a single reason to link the two stories.

Also, BreX never claimed “inexhaustible” anything and was certainly not “the last time” for anything either.

Canada has more mining companies and mining investment than any country in the world. These kinds of discoveries are common-place. There have been many, many discoveries and success stories in the decades since BreX.

And this is just another Lithium deposit. Not the biggest in the world and probably not even the biggest in the James Bay district.

Congrats on being the only person that apparently read the article before commenting.

But still lots

BC lumber? That means BC’s old growth forests, doesn’t it?

inb4 US bombs Canada for some lame excuse of a reason

Wow, that’s a better abundance than I thought - I guess it really concentrates here - although still not that impressive. The major natural source of it and it’s friends beryllium and boron is literally the nature particle accelerators out there in the cosmos, and the collisions they create, for example in our upper atmosphere.

The rest goes under “things other than abundance”, which I did mention. Bismuth is a cheap element because it concentrates itself in veins and has limited applications, despite being comparably rare to silver. At the other end titanium is more common than all forms of carbon put together but is an absolute PITA to concentrate into metal and then manufacture into products.

This is the part that I find interesting:

If Cisco ultimately proves its larger target, the project could anchor a domestic lithium supply chain linking Quebec mines and battery factories.

The article itself has many caveats. I wouldn’t pay too much attention to an attention-grabbing headline.

Tragically, he is a citizen. He can just walk in and do whatever the hell he wants.