US EditionCritical minerals in focus as major Toronto mining conference underway
Canada announced $12.1 billion in investments and 30 partnerships to boost critical minerals projects amid rising global supply chain risks, officials said.
- At the PDAC conference on Monday, Natural Resources Minister Tim Hodgson announced 30 partnerships under the Canada-led Critical Minerals Production Alliance that the federal government said will unlock $12.1 billion.
- Industry leaders warned of heightened geopolitical risk and supply-chain vulnerability as rising global trade tensions and surging demand for copper, nickel and lithium push urgent action.
- Deals include up to $7 million for Greenland Resources' Malmbjerg project, $9.1 million for Cyclic Materials Inc.'s rare-earths recycling centre, and $16.7 million for First Phosphate, with a $40 million investment in the Canadian Digital Core Library, announced by Natural Resources Canada.
- A joint statement from Mark Carney, Prime Minister, and Narendra Modi included a memorandum of understanding on critical minerals value chains, and Hodgson added `Canada and our allies abroad are putting real capital behind the secure, sustainable supply chains that our economies and our defence industries depend on`.
- An RBC report out Friday said private funding shortfalls mean more government support will be needed, citing $2.4 billion in road and transmission funding for the Ring of Fire.
25 Articles
25 Articles
Collingwood Today
Governments increase support for critical minerals at Toronto mining conference
TORONTO — Critical mineral projects got increased support from government during a major mining conference on Monday as the rush to secure supplies accelerates.
The Toronto Star
Critical minerals in focus as major Toronto mining conference underway
TORONTO - The securing and production of critical minerals is in focus this week as one of the world's biggest mining conferences takes place in Toronto.
Premier promotes critical minerals opportunities to developers, investors » The Laker News
ONTARIO: Premier Tim Houston is attending the Prospectors and Developers Association of Canada conference from March 1 to 3 in Toronto. The major international mining conference will connect developers and investors directly with decision-makers from Nova Scotia to discuss critical mineral opportunities. “Critical minerals are something the world needs – for clean energy, food production, defence, healthcare and much more,” said Premier Houston.…
Critical minerals in focus as major Toronto mining conference underway – 105.9 The Region
TORONTO — The securing and production of critical minerals is in focus this week as one of the world’s biggest mining conferences takes place in Toronto. The Prospectors and Developers Association of Canada conference, which counts over 27,000 attendees, comes as the push accelerates for countries to secure supplies of key metals amid rising global trade tensions. In a keynote speech Monday, former Teck Resources Ltd. CEO Don Lindsay said politi…
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