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How Canada – and Bay Street – squandered the chance to finance the critical minerals revolution

This story is part of Mission Critical, a Globe series that looks at the issues around whether Canada can become a mining superpower in critical minerals used in the clean energy transition.

Also read the most recent story published from the series: While domestic companies flounder, foreign behemoths have built a dominant position in the Canadian critical minerals sector – and few have benefited more than Australia.

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Mark Selby, CEO of Canada Nickel, outside the old Toronto Stock Exchange on Bay Street in Toronto, on Nov. 9.Duane Cole /The Globe and Mail

In the decimated junior mining industry, Mark Selby is one of the lucky few. As the chief executive of Canada Nickel Co. Inc., Mr. Selby and his team are developing the Crawford nickel project in Shania Twain country near Timmins, Ont., with dreams of supplying critical minerals to electric vehicle battery…

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