Scandium, Graphite Among Critical Minerals Ottawa Plans to Stockpile to Counter Beijings Market Dominance

Graphite is mined at the Northern Graphite mine plant in Lac-des-Îles, Quebec, on March 7, 2024. Sebastien St-Jean/AFP via Getty ImagesDomestic scandium and graphite are among the critical minerals Ottawa plans to stockpile as it moves to secure Canada’s supply chain and support G7 allies amid growing concerns over Beijing’s dominance of the market.Energy Minister Tim Hodgson announced last week, along with G7 partners, new initiatives to secure critical mineral supply chains and reduce dependencies in a market widely dominated by Beijing. Ottawa said these include stockpiling critical minerals to “further safeguard Canada’s national security and sovereignty,” but did not specify which ones.