Wishing all my friends and colleagues in #America a Happy Thanksgiving weekend. As you gather and celebrate with your families this weekend, know that your friendly northern neighbors are keeping you all safe with the #criticalminerals you import from Canada. #Copper for artificial intelligence, to detect and deflect foreign intrusions from interrupting turkey dinner. #Cobalt for electronic warfare systems, especially at high altitudes to keep foreign missiles from breaking up the football broadcast. #Nickel for military batteries for drones and F-35 fighter jets, to make sure everyone gets to have a slice of pumpkin pie. In fact, Canada is the leading supplier of nickel materials to the American military. America today imports 46% of its nickel from Canada, according to the U.S. Geological Survey. America has only one active nickel mine and zero nickel refineries. It is not mineral independent. And other nickel suppliers such as Norway (9%), Australia (8%), Finland (7%) will not be able to pick up the slack to keep you safe if you slap 25% tariffs on Canadian minerals heading to America. But I'm sure you could find new suppliers. Indonesia perhaps. Except its cathode products are not best suited to the need of American defense manufacturers. Russia then. Yeah, Russian nickel. For American jet fighters. But that's next month's problem. For this weekend, enjoy your security with your family. Your Canadian allies have your back. #canpoli #cdnpoli #uspolitics #energysecurity #energytransition #mining #americanthanksgiving
Super interesting Jeff! I’d love to be sitting in the boardroom of some of these resource suppliers developing plan “B” strategies should any of the political horse-trading be unsuccessful. “Is it possible Canadian Nickel still ends up in the US with slightly better margins as we move from supplier to distributor?” I know it is significantly more complex than that; my point is that I like the opportunity it creates for creative and strategic problem solving!
What an interesting way to wish our neighbours, Happy Thanksgiving. 😊 Thanks for sharing this interesting info , Jeff Gaulin, MBA, MA
Uranium imports to the U.S. (27% from Canada, largest source) might be usefully added to this helpful compilation because of its disproportionate economic impact - pound for pound - perhaps more than some of these of these other minerals. A 20% tariff and resulting price increase for US utilities/consumers, on U3O8 could affect the economic viability of nuclear power in the US. Cui bono? The proposed 20% tariff on Canadian uranium could benefit Kazakh and Russian uranium suppliers. See https://www.eia.gov/energyexplained/nuclear/where-our-uranium-comes-from.php
Proud of Neo Performance Materials’ Gallium recycling plant in Peterborough, Ontario.
This is great Jeff - to circulate
Happy Thanksgiving, Jeff!!
The Nickel Nerd. Decarbonization through development of sustainable battery metals. Advocate for responsible energy use and sourcing.
2wThat must include recycling (i.e. stainless scrap back into furnaces) since US has no domestic nickel producers. One mine, but concentrate is shipped to Canafa gor processing. If it is refined imports - domestic mine production, that would be misleading.