https://www.biv.com/news/resources-agriculture/feds-kicking-in-60-million-to-electrify-mines-in-bc-and-yukon-9552758
“Galore Creek has the potential to significantly increase Canada’s production of the copper needed for the energy transition and global development, generating jobs and economic activity, in alignment with Teck’s focus as a Canadian-based energy transition metals company,” said Teck CEO Jonathan Price.
“This investment by the Government of Canada will support the development of infrastructure needed to advance critical mineral projects and strengthen the nation’s mining sector.”
NRCan will also provide $40 million through the CMIF fund to the Yukon government for pre-feasibility work on a proposed 765-kilometre high-voltage transmission line that would tie the Yukon into the B.C. and North American grid.
“This regional project has proposed energy infrastructure located in two priority regions for critical minerals development — Yukon’s Cassiar and Tanana regions and B.C.’s Golden Triangle,” NRCan says.
“The transmission line could support projects producing critical minerals such as cobalt, copper, molybdenum, nickel, platinum group metals, tungsten and zinc in the Yukon and northern B.C.”
“These two projects, under the Canadian Critical Minerals Strategy’s flagship program, will develop the necessary infrastructure to access and transport our rich critical mineral resources in northern B.C. and the Yukon,” said Natural Resources Minister Jonathan Wilkinson.
“Developments like these help mines get built faster, and they are a key element in seizing the generational opportunity before us. These investments are needed to support critical minerals development in the region, improve community access and safety, and create good mining jobs across British Columbia and the Yukon.”