New Brunswick's Sisson Mine Added to Ottawa's List of 'Nation-Building' Projects
The Sisson Mine project aims to reduce reliance on China by securing domestic supply of tungsten and molybdenum, creating 800 jobs, and benefiting from a $2 billion federal investment fund.
- On Thursday, Prime Minister Mark Carney added the Sisson Mine to Ottawa's nation-building projects list, making it eligible for streamlined approvals and supports after his Monday visit to Fredericton.
- The Sisson project would extract tungsten and molybdenum, critical minerals for energy storage, steel and defence, supporting the federal policy goal of diversifying supply discussed last month by G7 energy ministers in Toronto.
- It already has environmental approvals but the 2015 provincial environmental impact assessment included 40 conditions; critics say Northcliff has yet to meet some requirements, with 500 construction jobs, 300 operational jobs, $579 million estimated costs, $280 million projected royalties, and a 27-year lifespan.
- St. Mary's First Nation Chief Alan Polchies Jr. said chiefs are gathering information, insisting rights be respected, and equity discussions remain in infancy.
- The federal government says the Sisson project could position Canada as a reliable supplier of tungsten while considering a price floor and a $280 million critical minerals sovereign fund, flagged during Wednesday's discussions.
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14 Articles
‘Time to unlock our potential’: New Brunswick’s Sisson Mine added to major projects - New Brunswick
Sisson Mine has been added to Ottawa's list of nation-building projects, with Premier Susan Holt calling it an important step in putting the province on the national stage.
New Brunswick’s Sisson Mine added to Ottawa’s list of ‘nation-building’ projects
FREDERICTON - New Brunswick Premier Susan Holt is holding a news availability on the heels of Prime Minister Mark Carney's announcement of the latest group of projects being submitted for fast-tracking consideration.
Sisson Mine in running for Carney’s national projects list
On Monday, during a visit to Fredericton, Prime Minister Mark Carney grinned at a question about a mine proposed for the province more than a decade ago, but on Thursday, New Brunwickers will find out for sure whether it's on his list of nation-building projects.
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