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Canada's mining investment sets record high in 2022

Canada's mining investment reached a record high of C$13.5 billion in 2022, driven by a surge in global demand for key minerals.

Canada's mining investment sets record high in 2022

Canada's mining investment reached a new high of C$13.5 billion in 2022, a 14% increase from the previous year. This year, it is expected to grow by 21% to C$16.4 billion.

The global demand for key minerals, particularly cobalt, graphite, lithium, and nickel, is increasing rapidly. The total investment of Canada's entire mining industry reached C$17.7 billion in 2022, a 15% increase from the previous year, indicating a complete industrial chain in the Canadian mining sector.

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