“As part of the government’s critical minerals strategy, encouraging the development of a “green metal certification”, perhaps with blockchain- based supply chain transparency for individual contract fulfilment, could be the first step towards attracting a green premium for products that are sourced and processed by meeting best ESG practices.
This would improve the viability of Australian downstream investment, help US and European automakers to meet their regulatory requirements and could trigger the de-commoditisation of commodities to the benefit of Australia’s substantial critical mineral wealth.”
https://www.copyright link/markets/commodities/here-s-how-to-secure-australia-s-critical-mineral-wealth-20230602-p5ddgu
This opinion piece was written in reference to the challenges and rewards that Australia will face in supplying ESG and IRA compliant critical minerals and specialty commodities.
The exact same challenges will apply to Canada, except for the need to transport material half way around the world to market.
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