Prices of materials like crude, gas, wheat and metals have become alarmingly erratic as a gulf emerges between buyers and sellers who are facing big financing strains.
Ontario has identified 33 critical minerals, including nickel, cobalt, lithium, and rare earth elements. It produced about C$3.5 billion worth of critical minerals in 2020.
Pent-up demand, supply shocks, low stocks pushed aluminum, copper and coal prices to all-time highs, but new report suggests supercycle talk is premature.