British Columbia hosts massive, untapped mineral reserves that offer the province a generational opportunity to compete as a key player in global critical minerals markets, Mining Association of British Columbia CEO Michael Goehring told the audience at a Greater Vancouver Board of Trade event at the Fairmont Hotel Vancouver on Tuesday.
Goehring emphasized that considering US president Trump’s tariffs that are roiling markets, “we need to take urgent steps to enhance our economic security, our economic resiliency, and our long-term prosperity.”
The mining industry is the path to securing British Columbia’s long-term prosperity, Goehring argued, as he laid out challenges and opportunities for the province to compete in geopolitically charged global critical minerals markets.
British Columbia (BC) has 18 operating mines and two smelters and is home to 16 of the 50 minerals the US deems critical to its economy and national security, while the US is 100% reliant on imports for 12 critical minerals, Goehring said.
The province produces aluminum, germanium, indium, lead and zinc from Rio Tinto’s Kitimat operations and Teck Resources’ operations in Trail.
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