https://newsletter.mw.creamermedia.com
Energy|Export|Projects|Resources|Products
Energy|Export|Projects|Resources|Products
energy|export|projects|resources|products

Canada and allies to explore funding critical mineral projects, Minister says

27th August 2025

By: Reuters

  

Font size: - +

BERLIN - Canada is working with its allies to potentially fund critical mineral transactions, similar to what the US government did with MP Materials to diversify the supply chain from China, Energy and Natural Resources Minister Tim Hodgson told Reuters on Tuesday.

The key target, Hodgson said, would be minerals subject to China's export restriction, which is challenging the production of important types of mineral products in G7 and NATO countries.

"I think you'll see us looking at similar types of transactions, working with our allies," Hodgson said.

"The difference between the MP Materials deal is all of the output goes to the United States there. We are interested in doing these sorts of deals in partnership with our allies to share the output with our allies," he said.

MP Materials said on July 10 that it had entered into a public-private partnership with the US Department of Defense to build out a domestic rare earth magnet supply chain and reduce foreign dependency.

Edited by Reuters

Comments

Research Reports

Showroom

M and J Mining
M and J Mining

M and J Mining are leading suppliers of physical support systems as used by the underground mining industry. Our selection of products are not...

VISIT SHOWROOM 
Flameblock
Flameblock

FlameBlock is a proudly South African company that engineers, manufactures and supplies fire intumescent and retardant products to the fire...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (12/09/2025)
12th September 2025 By: Martin Creamer
Magazine round up | 12 September 2025
Magazine round up | 12 September 2025
12th September 2025

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.05 0.125s - 127pq - 2rq
Subscribe Now