Bronzite Exploration Corp. is an early-stage mineral exploration company focused on taking original exploration concepts to market. Our goal is to add value to new critical and future-facing metal targets through safe and environmentally sustainable exploration practices, proactive community engagement, and operational transparency.
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Critical Minerals and Clean Energy
Critical minerals are the foundation upon which modern technology is built. They are used in a wide range of essential products ranging from mobile phones and solar panels to electric vehicle batteries, medical devices and defense applications. Canada’s critical minerals list identifies 34 minerals and metals.
WHAT ARE CRITICAL MINERALS?
Have few or no substitutes
Are limited commodities
Extraction and processing are controlled by a small number of locations
All of us use copper everyday and we need more of it every year
Future Critical Mineral Demand
The transition to clean energy is driving a significant increase in the demand for critical minerals:
Copper: Global demand is projected to increase by 70% by 2050, reaching over 50 million metric tons annually.
Lithium: Consumption rose by 30% in 2023, with expectations of continued rapid growth due to its use in electric vehicle batteries.
Nickel, Cobalt, Graphite, and Rare Earth Elements: These minerals saw demand increases between 8% and 15% in 2023, driven by their applications in clean energy technologies.
Critical Minerals are integral to modern technology and the global shift towards sustainable energy solutions. Understanding their importance and the challenges associated with their supply is crucial for developing resilient and secure supply chains.