Ontario Investing More than $7M to Grow Critical Minerals Supply Chain
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9 Articles
Ontario investing more than $7M to grow critical minerals supply chain
The Ontario government announced it is investing more than $7 million to launch a new intake of the Critical Minerals Innovation Fund (CMIF) to help stimulate investment in critical minerals exploration, mining development, production and processing of domestically sourced critical minerals. In a press statement on July 23, the Ontario government said this funding aims to build more secure supply chains and “reduce reliance on foreign sources of…
The Scramble for Critical Minerals
Vast natural-resource endowments have proven to be more of a curse than a blessing, with resource-rich countries often developing more slowly than their resource-poor counterparts. Today, countries rich in critical minerals have a chance to change this – but only if they invest in strengthening their institutional capacity.
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