Sask launches Critical Minerals Strategy

The Saskatchewan government has launched a Critical Minerals Strategy to drive growth and development of the mineral industry.

Premier Scott Moe says this province is a critical minerals leader today and will be a critical minerals powerhouse tomorrow.

He says the province has the opportunity to become a critical minerals hub and contribute to the global demand for these resources.

The strategy outlines four key goals.

Those goals include increase Saskatchewan’s share of Canadian mineral exploration spending to 15 percent by 2030, to double the number of critical minerals being produced in Saskatchewan by 2030, to expand potash, uranium and helium production, and set up the province as a rare earth element hub.

He says Saskatchewan has 23 of the 31 minerals listed on the Canadian critical minerals list.

Uranium, potash, rare earth elements, lithium and helium are just a few of the critical minerals found in abundance in Saskatchewan.

The province has expanded tax incentives for exploration and development of critical minerals.

The Premier will be attending a future energy summit in Washington Tuesday and Wednesday.


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