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Canada tells Japan investors it has the lithium, cobalt critical for EVs

Industry minister says his country is 'part of the solution' ahead of talks with Toyota, others

Canadian Minister of Innovation, Science and Industry Francois-Philippe Champagne is set to visit Japan next week. (Photo by Yumiko Oshima)

NEW YORK -- Canada is a one-stop shop for natural resources needed to make electric vehicles, said Minister of Innovation, Science and Industry Francois-Philippe Champagne, making a pitch for more Japanese investment ahead of a visit to Japan.

"Canada is one of the few countries in the Western world which has all the critical elements" for making batteries, such as lithium, cobalt and manganese, Champagne told Nikkei in a recent interview in Toronto.

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