MIL OSI Translation. Canadian French to English –
Source: Government of Canada – in French
On behalf of the Honourable Jonathan Wilkinson, Minister of Energy and Natural Resources, Dr. Brendan Hanley, Member of Parliament for Yukon, highlighted the important announcement, subject to final due diligence by Natural Resources Canada, of up to $40 million in funding for critical minerals infrastructure projects in Yukon. The funding would come from the Critical Minerals Infrastructure Fund (CMIF).
September 20, 2024 Whitehorse, Yukon Natural Resources Canada
Investments in critical minerals infrastructure are needed to ensure Canada can seize the unique opportunity presented by the shift to a low-carbon economy and capitalize on its rich mineral resources. The country is well positioned to be a global leader and leading producer of a wide range of critical minerals that are essential to fueling the clean economy, and in doing so, create good jobs and economic opportunities across the critical minerals value chain – from upstream exploration and extraction to downstream processing, manufacturing and recycling.
Today, on behalf of the Honourable Jonathan Wilkinson, Minister of Energy and Natural Resources, Dr. Brendan Hanley, Member of Parliament for Yukon, highlighted the important announcement, subject to final due diligence by Natural Resources Canada, of up to $40 million in funding for critical minerals infrastructure projects in Yukon. The funding would come from the Critical Minerals Infrastructure Fund (CMIF).
The Yukon Government is seeking to undertake pre-feasibility studies to support a 765-kilometre high-voltage transmission line that would connect the Yukon electrical grid to the North American grid in British Columbia. It includes the development of energy infrastructure in two priority areas for critical mineral development: the Cassiar-Tanana region in Yukon and the Golden Triangle region in British Columbia. The transmission line would facilitate critical mineral production projects such as cobalt, copper, molybdenum, nickel, platinum group metals, tungsten and zinc in Yukon and northern British Columbia.
The Critical Minerals Infrastructure Fund is a key program under Canada’s Critical Minerals Strategy that aims to address infrastructure gaps and ensure the sustainable production of critical minerals and the flow of resources to market through transportation, electrification and clean energy infrastructure projects. Further funding decisions on critical minerals infrastructure development projects under the CMIF are expected in the coming months.
The result of close collaboration within the regional table on energy and resources Yukon, this project is essential to facilitate the development of critical minerals in the Yukon.
Critical minerals are fundamental components of products used in clean energy technologies such as electric vehicles, power transmission lines and batteries. Yukon’s mining sectors provide many of the building blocks for the clean technologies needed to combat climate change and build a clean economy. Across the country, clean energy solutions represent enormous economic opportunities.
Canada has developed its own critical minerals strategy with the aim of promoting the development of these resources and related value chains to contribute to the transition to a low-carbon economy and support advanced manufacturing and technologies.
The Canadian Critical Minerals Strategy has five main objectives:
o support economic growth, competitiveness and job creation;
o promote climate action and rigorous environmental management;
o strengthen global security and partnerships with allies;
o advance reconciliation with Indigenous peoples;
o encourage a diverse and inclusive workforce and communities.
Canada’s whole-of-government approach to critical minerals development is collaborative, forward-looking, iterative, adaptive and long-term. The initiatives outlined in the Strategy will be implemented and refined in collaboration with provinces, territories, Indigenous peoples, industry and other partners in Canada and internationally.
The FIMC is a flagship program of the Strategy that supports transportation and clean energy infrastructure projects needed to increase Canada’s supply of critical minerals from responsible sources.
The FIMC supports a variety of strategic priorities, including: decarbonizing mining industry operations, strengthening supply chains through the deployment of transportation infrastructure, and advancing economic reconciliation by supporting the participation of Indigenous peoples in critical infrastructure and mineral projects.
The federal government also supports the development of Canada’s abundant critical mineral resources through Natural Resources Canada’s Regional Energy and Resource Tables. These regional tables are joint partnerships with each provincial and territorial government that, in collaboration with Indigenous partners and with input from key stakeholders, seek to identify and accelerate shared economic priorities for a low-carbon future in the energy and resource sectors.
Cindy CaturaoPress SecretaryOffice of the Minister of Energy and Natural Resources613-795-5638cindy.caturao@nrcan-rncan.gc.ca
EDITOR’S NOTE: This article is a translation. Apologies should the grammar and/or sentence structure not be perfect.