The Prospector News

Government of Canada to Enhance Critical Minerals Value Chains With Launch of up to $675,000 in Grants for Critical Minerals Traceability Projects

You have opened a direct link to the current edition PDF

Open PDF Close
Uncategorized

Share this news article

Government of Canada to Enhance Critical Minerals Value Chains With Launch of up to $675,000 in Grants for Critical Minerals Traceability Projects

 

 

 

 

 

Critical minerals are key enablers of clean technologies and clean energy sources, which are essential to achieving a net-zero-emissions future. Driven by emerging due-diligence concerns in the critical minerals supply chains, the traceability of critical minerals — to ensure transparency and to promote high environmental, social and governance practices in mining — is critical to Canada.

 

The Honourable Jonathan Wilkinson, Minister of Energy and Natural Resources, announced a call for proposals for grants that support the Critical Minerals Traceability Project as part of the Canadian Critical Minerals Strategy. With up to $675,000 available over three years, the CMTP will provide funding to private-sector, commercial-stage pilot traceability projects for critical mineral supply chains.

 

The Critical Minerals Centre of Excellence at Natural Resources Canada, is accepting applications for these grants from Canadian companies with a specialization in traceability technologies. Partnerships between the applicant organization and other companies, organizations or levels of government are encouraged but not required.

 

The grant will fund up to $100,000 per project per year for up to three years. Successful applications would demonstrate the strongest potential to identify ESG credentials, enhance transparency of Canadian supply chains and create value for those chains. Notification of successful applicants will occur in spring 2024.

 

Applications can now be submitted by email to the CMCE, with a deadline of January 30, 2024,11:59 p.m. PT. For any questions or to request an application package (including the Application Guide, Application Form and Budget Form), please contact the CMCE by email at cmce-cemc@nrcan-rncan.gc.ca.

 

Quotes

 

“Canada is home to some of the most abundant supplies of critical minerals in the world. Today’s announcement will help advance Canada’s critical minerals supply chain through traceability projects and create conditions to make Canada the clean technology supplier of choice.”

The Honourable Jonathan Wilkinson
Minister of Energy and Natural Resources

 

Quick Facts

  • The CMCE was established through Budget 2021 and extended through Budget 2022.The CMCE leads the development and coordination of Canada’s policies and programs on critical minerals in collaboration with industry, provincial, territorial, Indigenous, non-governmental and international partners. The centre aims to advance critical mineral resources and value chains, which are essential for a green and digital economy.
  • The Canadian Critical Minerals Strategy was launched In December 2022 and seeks to increase the supply of responsibly sourced critical minerals and support the development of domestic and global value chains for the green and digital economy. Through the strategy, Canada is supporting efforts to advance transparency and traceability in critical mineral supply chains.
  • Traceability can include tracking the chain of custody for critical minerals at all points in the supply chain, such as locations, ports, transportation and refining, as well as important characteristic data on mineral quality, volumes and ESG performance.

 

Related Information

 

 

 

 

 

Posted December 8, 2023

Share this news article

MORE or "UNCATEGORIZED"


FIRST QUANTUM ANNOUNCES CLOSING OF $1,150 MILLION BOUGHT DEAL OFFERING, CLOSING OF $1,600 MILLION SENIOR SECURED SECOND LIEN NOTES OFFERING AND UPDATE ON COMPREHENSIVE REFINANCING

First Quantum Minerals Ltd. (TSX: FM) announced that it has compl... READ MORE

February 29, 2024

VIZSLA SILVER ANNOUNCES CLOSING OF $34.5 MILLION BOUGHT DEAL FINANCING

Vizsla Silver Corp. (TSX-V: VZLA) (NYSE: VZLA) (Frankfurt: 0G3)... READ MORE

February 29, 2024

New Found Makes New Discovery With 35 g/t Au Over 17m Including 1,910 g/t Au Over 0.3m at “Vegas Zone”

New Found Gold Corp.  (TSX-V: NFG, NYSE-A: NFGC) is pleased to a... READ MORE

February 29, 2024

Treasury Metals Announces Results from Drilling on Far East Target at the Goliath Gold Complex

Highlights: Continuity of near surface, Goliath-style alteration ... READ MORE

February 29, 2024

Guanajuato Silver Increases Size of Gold Loan Credit Facility to US$13.3M

Guanajuato Silver Company Ltd. (TSX–V:GSVR) (OTCQX:GSVRF) i... READ MORE

February 29, 2024

Copyright 2024 The Prospector News