Canada Announces Plan to Invest in Mining and Rare-Earth Projects to Combat China's Control
ByAinvest
Thursday, Nov 13, 2025 7:43 pm ET1min read
NMG--
Canada plans to invest in mining and rare-earth projects to secure supplies of materials controlled by China. The government will provide equity investments and loan guarantees through a new $1.4 billion fund. Shares of Nouveau Monde and Canada Nickel surged after a report of the government's plan. Canada aims to expand stockpiling of niche metals dominated by China and has already started studying projects eligible for equity investments.
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