What will it take for Québec to realize its extraordinary mining potential? Beyond its gold output, lithium, graphite and rare earths will have to (eventually) enter commercial production for Québec to match its circularity ambitions, from production to recycling. But both for the planet and investors, time might be running out. In the year of the Olympic Games, Québec’s mining industry would be well advised to switch from marathon to sprint pace in the global race to market for critical minerals.

The province also faces hurdles in energy supply, as hydroelectric power—once reliable and abundant—is becoming strained, complicating efforts to power current and future mining projects. Moreover, balancing community expectations with mining industry growth is crucial, as different regions within Québec demand varying benefits from the sector.

Yet, Québec's advantage lies in its technological infrastructure and expertise. With AI-driven exploration, cutting-edge mining technologies, and excellence on the ground and in the air, Québec’s mining sector is well-supported by local service providers. To realize the province's long-term vision of a fully integrated battery supply chain, Québec must demonstrate operational excellence, and eventually become a leader in the global decarbonization movement.

GBR's research team traveled across La Belle Province, interviewing 80 industry leaders to deliver the most in-depth analysis for global mining value chain stakeholders. From government bodies and financial institutions to major mining companies, ambitious exploration firms, and innovative service providers, all are working together to propel Québec’s mining industry forward.