The U.S. Government is seeking expansion into Canadian markets to purchase minerals needed in the production of electric vehicles.
Further, the United States has begun assisting the country's battery manufacturers and mining industry executives to increase contacts in Canada, as it seeks to bolster the manufacturing of minerals in the region for producing electric vehicles and stay one step ahead of competitors from China.
As per documents reviewed by Reuters, a virtual meeting was held on March 18 in which the U.S. Department of Commerce deliberated with mining sector players and battery makers on various approaches to increase Canada's mining of minerals needed in building electric vehicles.
A meeting's attendee noted that the Commerce Department had not indicated whether they would provide monetary incentives to Canadian players in the mining sector, or to other companies in the supply chain.
Another attendee at the meeting remarked that some officials from the U.S. Department of Commerce were clear-cut in highlighting the importance of taking prompt actions to create an EV supply chain between the United States and Canada, akin to those in Asia and Europe.
This comes at a time when the demand for electric transportation is expected to rise in the next 10 years.
Meanwhile, conservation groups have voiced opposition to mega-mining projects in the United States, thereby leaving no choice for top officials but to train their sights to Canada for obtaining 13 of the 35 minerals viewed as being important to the nation's defense.
The documents also revealed that the meeting's participants, numbering over 30, included Livent Corp, Talon Metals Corp, and Tesla Inc, who deliberated on strategies for Washington to assist in the expansion of American firms into Canada and address problems in logistics.
The Commerce Department did not issue any statement regarding the meeting.
The meeting follows the joint commitment by U.S. President Joe Biden and Canada's Prime Minister Justin Trudeau, made in February, to build an EV supply chain between the nations.