ÌÇÐÄÆƽâ°æ

In 2023, potash had the largest production quantity of any critical mineral in Canada, at over ** million metric tons. That year, aluminum was the second-largest produced critical mineral in Canada, at a distant million metric tons. Critical minerals are essential for the transition to a lower carbon energy system. Consequently, critical minerals have become essential to the growth and technological development of Canada. 

Key facts about Canada's critical minerals industry

The Canadian government launched the critical mineral strategy for Canada and designated ** minerals as Canadian critical minerals on December 1st, 2022. Canada currently produces ** out of the ** designated critical minerals domestically. The production volume of critical minerals in Canada amounted to about million metric tons in 2022. Canada was ranked as one of the world's top producers of the following critical minerals: potash, palladium, uranium, aluminum, platinum, titanium concentrate, cobalt, and tellurium. Canada exports critical minerals to a number of different countries around the world, with the largest volume exported to the United States. The value of Canadian critical mineral exports has risen recently, and in 2023 was valued at over ** billion Canadian dollars. 

Potash, the most produced critical mineral in Canada

Canada is the world’s leading potash producer, having accounted for approximately **** percent of global potash production as of 2023. Potash refers to a group of mineral salts and chemicals containing potassium, and its main application is for use as a fertilizer for agriculture. Canada possessed the largest share of potash reserves in the world at over **** percent in 2022.