US critical minerals list grows, Canada makes fast track
The US Department of the Interior released a draft for the 2025 critical mineral list bringing the total to 54 elements, with the inclusion of six new ones: K, Si, Cu, Re, Pb & Ag. It proposed removing As and Te from the list. The recommendation makes the US the only major economy to consider Ag as a critical mineral. 50 of the proposed commodities were included following economic effects assessment using a supply chain disruption model to assess the potential effects of trade disruption scenarios on industries and the US overall. The USGS plans to analyse the inclusion of metallurgical coal and Ur following an executive order to consider their inclusion. “This draft list of critical minerals provides a clear, science-based roadmap to reduce our dependence on foreign adversaries, expand domestic production and unleash American innovation,” said Secretary of the Interior.
The US Federal Permitting Improvement Steering Council continues to add projects to the Fast-41 program with the inclusion of enCore Energy (NASDAQ/TSXV:EU) Dewey Burdock ISR Ur project in South Dakota.
Canada is attempting something similar as FAAT-41 with the launch of the Major Projects Office (MPO) led by Dawn Farrell to hasten the development of nation-building projects by cutting project approval time to a maximum of two years. The MPO follows June’s Building One Canada Act (BOCA) to enable the government to streamline federal approval processes to get major projects built faster. Farrell’s office will be a single point of contact to simplify environmental assessments with a one project, one review approach.
Paul Harris
Paul has more than twenty years’ experience in the mining sector in investor relations, communications, research and news reporting roles. Paul has 16 years’ experience in the Colombia gold sector including investor relations roles with Continental Gold, Gran Colombia Gold and Mineros.
Paul founded the successful Colombia Gold Symposium in 2016 and has written for industry leading publication Mining Journal since 2015. Previously, Paul spent five years in Chile reporting and researching the copper sector for CRU and Metal Bulletin. Paul received a BA in Business Administration from the University of the West of England, UK; and a MA in International Relations from the University of Chile, Santiago Chile. He is fluent in English and Spanish.
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