Industry committee  Thank you so much. This is my pet project. I've worked in mining everywhere around the world. As an example, we're operating and building a bigger mine now in Morocco. The time from presenting the study to getting a full permit is six to nine months. We're following IFC standar

Industry committee  Look, I'm the miner; I'm not the one taking care of the infrastructure. I'm telling you, though, there is room. You could ask the automobile makers. Look at Tesla's profits last quarter, and it's just starting. There's room to have a tax, if there is a need for it, to subsidize

Industry committee  We absolutely must have a system. I'm an entrepreneur and we've always done business in a free market, but as someone said earlier, we're in a unique time that no one could ever have imagined. It's a time of profound transformation and we need the government to step in. It's as

Industry committee  I am a certified public accountant by training. In 1995, I created a company, which is called SEMAFO, when I was on a humanitarian trip to help children in Africa. It has grown into a huge company with thousands of employees. As I said, we also have a foundation, the SEMAFO Foun

Industry committee  I think we should have both. We should start alone by requesting transformation in Canada to start, but clearly we won't be able to do it alone. They have 20 plants in construction. We have none right now for battery manufacturing. We're so far behind. Somebody mentioned that For

Industry committee  That is a very good question. Your question has two parts. The first is the lack of respect for the environment in China. I will only talk about cars, I will not talk about the batteries that are used to store energy. European companies have set traceability criteria. That is w

Industry committee  Several studies on this topic show, among other things, that it depends on mileage. Previously, what put the electric car at a disadvantage was battery recycling. When you had to recycle the battery after 10 or 20 years, the environmental cost of an electric car became roughly eq

Industry committee  That description is very accurate.

Industry committee  Thank you. That's a very good question. We saw this in the 1990s. The government wanted to set up an industrial strategy for aeronautics. We were not yet a major player in that sector, but the government had decided to set up such a strategy so that we would become one. There a

Industry committee  You're absolutely right. They have stated that publicly, that they're now looking to Canada to supply the critical materials. They are opening up all these battery plants. There will be about 20 of them. There are currently 20 battery plants in construction in the United States a

Industry committee  You are absolutely right. The difficulty is that the company that will mine this will be able to find ten buyers for their product. We, for example, have one of the largest graphite mines in the world, which is in Africa. Six customers buy all the production from us, and they ar

Industry committee  We have them, and that is important in itself. We have a lot of them. Quebec has a lot of lithium and graphite. Ontario and Newfoundland have nickel. We have critical minerals. The demand is going to explode. Over the next 10 years, the demand for lithium will increase eleven-fo

Industry committee  No, it belongs to Chinese owners who have decided to leave because operating the mine no longer meets their strategic and political objectives. They came in, they invested, and they decided to shut it down two years ago. All the employees were put out of work. They have been look

Industry committee  Critical minerals include rare earths and many other things. I refer you to a Natural Resources Canada document that lists critical minerals.

Industry committee  That is still the way it works.