My suggestion would be to focus on the big industries where we could use capital injection.
I would focus, at least in eastern Canada, on iron and producing green steel. If we were to have a green steel strategy in this country, it would drive so much innovation in mining, metallurgy and everything in between. All of a sudden, we would have a driving need for ferroalloys, which would drive the supply of the battery minerals. Those critical minerals for batteries are all related to these other supply chains. If you already have an existing demand from, for example, the steel industry, and you can produce.... The world steel industry is going through a global shift. We want to make sure we're not left behind on that.
The shift to green steel, driven by hydrogen and existing technologies, which are commercialized, is the way to go. Once we have that, then we have a built-in demand for ferroalloys. Many of those ferroalloys are critical minerals. That's going to be the supply for the batteries and electric vehicles.
I hear a lot of talk here about electric vehicles. To me, that's the end. It's not the beginning. How do you make a car? You need steel, and you need the other materials for the cars, the batteries and everything else. That's where it starts and stops.
We have a massive supply of iron. We have a massive supply of hydroelectric power and the ability to make hydrogen in this country. That's where we should be focused.