{"id":14598,"date":"2023-03-25T08:33:31","date_gmt":"2023-03-25T15:33:31","guid":{"rendered":"https:\/\/essential.construction\/news\/st-lawrence-seaway-shippers-eye-ev-materials-but-grain-and-ore-remain-staples\/"},"modified":"2023-03-25T08:33:32","modified_gmt":"2023-03-25T15:33:32","slug":"st-lawrence-seaway-shippers-eye-ev-materials-but-grain-and-ore-remain-staples","status":"publish","type":"post","link":"https:\/\/essential.construction\/news\/st-lawrence-seaway-shippers-eye-ev-materials-but-grain-and-ore-remain-staples\/","title":{"rendered":"St. Lawrence Seaway shippers eye EV materials, but grain and ore remain staples"},"content":{"rendered":"

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SAINT-LAMBERT, QUE. \u2014 Shippers who ply the St. Lawrence Seaway view critical minerals for electric vehicle batteries as key to their future \u2014 but it could be a while before the floodgates open on Canada\u2019s largely untapped reserves.<\/p>\n

Until then, grain and iron ore remain the staples, comprising nearly half of the 36.3 million tonnes of cargo that traversed the seaway last year.<\/p>\n

Terence Bowles, who heads the management authority overseeing the system of locks, canals and channels that stretches for more than 300 kilometres between Montreal and Lake Erie, said he expects a million more tonnes of Canadian grain will float down the St. Lawrence River from Thunder Bay and other Ontario ports in 2023.<\/p>\n

\u201cIt\u2019s in the silos ready to come\u2026so we\u2019re expecting quite a bump-up,\u201d he said in an interview after the opening ceremony for the seaway\u2019s navigation year.<\/p>\n

The war in Ukraine will likely extend the spike in demand for grain as well as potash, said Chamber of Marine Commerce CEO Bruce Burrows. Ukraine and Russia are major exporters of wheat, corn, sunflower oil and fertilizer products, but Ukrainian shipments were hampered by a months-long Russian blockade last year, since lifted for the time being.<\/p>\n

Iron ore traffic will also pick up as car makers \u201cget back on their feet\u201d and\u00a0construction\u00a0activity remains sturdy, Burrows predicted, pointing to the Greater Toronto Area (GTA) in particular.<\/p>\n

\u201cThe GTA is still the biggest, fastest growing part of the North American economy. It\u2019s a great sucking sound of special projects, all of which have to be sourced with resource materials that we move by ship,\u201d he said.<\/p>\n

Behind him, the Algoma Central shipping company\u2019s Captain Henry Jackman freighter issued a horn blast before disembarking along the St. Lawrence River, hauling iron ore en route to Hamilton\u2019s ArcelorMittal Dofasco mill to be transformed into steel.<\/p>\n

Jet fuel shipments bound for Toronto\u2019s Pearson airport will also ramp up in 2023 as the airline industry takes off after more than two years of aviation downturn due to COVID-19 travel restrictions, Burrows said.<\/p>\n

Coal cargo may decline further after a 16 per cent drop in volume last year, he added.<\/p>\n

\u201cNone of us are banking on coal as part of our future.\u201d<\/p>\n

In the long term, shippers and ports hope to see critical minerals make up a growing chunk of bulk freight to feed the fast-growing market for electric cars.<\/p>\n

\u201cThere\u2019s an abundance of critical materials needed for battery and electric vehicle production in Canada, and many of these will be transferred from mine sites and facilities by the marine mode,\u201d Bowles told industry representatives in a speech at the St. Lambert Lock across the St. Lawrence River from Montreal.<\/p>\n

The timeline is hazy, however.<\/p>\n

Canada remains \u201cin the early throes\u201d of lithium and rare earth metals development for electric car batteries \u2013 minerals Bowles sees playing a crucial role in establishing the seaway as a \u201cgreen corridor.\u201d<\/p>\n

\u201cWe don\u2019t have it really well evaluated yet,\u201d he said in an interview. The \u201cbig challenge for Canada\u201d remains getting hydraulic mining shovels in the ground.<\/p>\n

The country has deposits of most of the 31 critical minerals listed in a strategy laid out by Natural Resources Minister Jonathan Wilkinson in December, but the government aims initially to focus on the six with the greatest potential for growth.<\/p>\n

Those include lithium, graphite, nickel, cobalt, copper and the group of 17 metals and minerals known as rare earth elements.<\/p>\n

There are already significant mining operations in nickel, copper and cobalt, as well as smaller graphite operations.<\/p>\n

Canada is not a commercial producer of rare earth elements, though it does have some of the largest-known deposits. The Tanco mine in Manitoba is the only lithium mine operating now, but at least one more is on tap to reopen in Quebec this year.<\/p>\n

The strategy and the $3.8 billion investments in last year\u2019s federal budget aim to encourage new exploration, expedite regulatory and environmental reviews, build infrastructure to support discovery of new deposits and build equity partnerships with Indigenous people.<\/p>\n

Less than a week before the federal government unveils its new budget \u2013 and on the eve of U.S. President Joe Biden\u2019s visit to Canada \u2013 the Chamber of Marine Commerce also called on Ottawa to follow America\u2019s lead on major funding for transport infrastructure.<\/p>\n

The massive U.S. Inflation Reduction Act targeting climate change includes US$3 billion to reduce air pollution at ports by installing zero-emission equipment. Separately, the U.S. Department of Transportation has earmarked US$662 million for port infrastructure development this year.<\/p>\n

\u201cYou see the Americans jumping ahead of the Canadians,\u201d Burrows said. \u201cWhere\u2019s Canada? We really are missing in action.\u201d<\/p>\n

\u00a9 2023 The Canadian Press<\/strong><\/p>\n<\/p><\/div>\n