Sunday, November 13, 2022

USA EYES FUNDING MINING PROJECTS IN CANADA

 The United States military has been quietly soliciting applications for Canadian mining projects that want American public funding through a major national security initiative.

It's part of an increasingly urgent priority of the U.S. government: lessening dependence on China for critical minerals that are vital in everything from civilian goods such as electronics, cars and batteries, to weapons.

It illustrates how Canadian mining is becoming the nexus of a colossal geopolitical struggle. Ottawa just pushed Chinese state-owned companies out of the sector, and the U.S. is now considering moving public funding in.

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