Lithium Emerging as Newest Commodity to Diversify Saskatchewan's Mining Sector

The Government of Saskatchewan has spotlighted lithium as the newest commodity set to diversify the province's mining sector, with Prairie Lithium front and centre. The Regina-based company completed Saskatchewan's first-ever dedicated lithium brine well in fall 2021, a drilling program that supported more than 100 jobs across 40 companies. Its Emerald Park pilot facility demonstrated extraction of 99.7 per cent of lithium from brine in a matter of minutes.

The release highlights strong policy tailwinds: Prairie Lithium qualified for the Saskatchewan Advantage Innovation Fund and the Saskatchewan Petroleum Innovation Incentive, while lithium-focused subsurface mineral public offerings raised over $4.2 million for the province in 2021. Then-Energy and Resources Minister Bronwyn Eyre noted global lithium demand was expected to grow five-fold by 2030, positioning Saskatchewan to capitalise.

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