Feds Pitch $2B Fund for Critical Minerals Investments, Including Equity Stakes

Date:

Teck Resources’ Highland Valley Copper Mine is seen near Logan Lake, B.C., on Sept. 11, 2025. The Canadian Press/Darryl DyckThe federal budget says Canada will take out equity stakes in critical mineral projects to open up mining and position Canada as a major global supplier.The federal budget, released Tuesday in Ottawa, outlines a plan for a $2 billion “critical minerals sovereign fund” over five years for equity investments, loan guarantees and offtake agreements.

spot_imgspot_imgspot_img

Share post:

More like this
Related

UK Convicts 2 Men for Assisting Chinese Intelligence Service

This combination of file photos created on May 7,...

Trump Warns EU of Higher Tariffs If Trade Deal Terms Arent Met by July 4

President Donald Trump speaks on the South Lawn of...

Rubios Italy Visit Will Ease Tensions but Not Necessarily Close the Gap, Analysts Say

Secretary of State Marco Rubio and President Donald Trump...

US Senators Urge Stability With China Ahead of TrumpXi Summit

Sen. Steve Daines (R-Mont.) (C) greets Chinese Vice Premier...