Northern Graphite

Canada is betting on its vast natural resources to become a critical mineral supplier to its allies, challenging China’s dominance in the space. At a recent G7 meeting in Toronto, Canada unveiled CAD 6.4 billion across 26 investments with nine allied countries. These include private and public offtake deals and joint financing for projects led by Nouveau Monde Graphite | NYSE: NMG + TSX: NOU, Vianode, Northern Graphite, Ucore Rare Metals Inc., and Torngat Metals. According to Photinie Koutsavlis at the Mining Association of Canada, the announcements represent “a fairly significant package” for the sector. However, being able to compete with China will require more time, money and effort. I explore this issue in my latest feature for Kallanish Commodities: https://lnkd.in/d9JWMmzX Hugues Jacquemin Alex Tanner, PhD Cyclic Materials Canadian Climate Institute / Institut climatique du Canada photo by Luke Moore on Unsplash #canada #criticalminerals #china #mining #G7

Today, our government tabled Budget 2025 — here’s what it means for building a stronger, more secure Canada: 1. We are strengthening our critical mineral supply chains with a $2B Critical Minerals Sovereign Fund to scale strategic projects and $1.5B to help get mines and processing facilities over the finish line. This moves Canada from exporting raw resources to processing and manufacturing more of the value here at home. 2. We are improving our energy competitiveness by making regulations simpler, supporting carbon capture and methane reduction, and investing in low-carbon industries, to ensure Canada remains competitive and investment-ready so we can continue supplying our allies with reliable energy and other products in a changing global market. 3. We are accelerating housing construction and improving affordability with $25B to build homes faster and reduce project costs — including support for modular and factory-built housing, faster approvals, and modern financing tools — so more homes are built where Canadians live and work. Having spoken with workers, Indigenous partners, industry leaders, premiers, and communities across the country, the message has been clear: Canadians want a future where hard work pays off, where we build at home, and where we trade with allies who share our values. Budget 2025 puts that vision into motion. The momentum is real, Canada — let’s keep building. — Tim Hodgson

The G7 Energy and Environment ministers will be meeting in Toronto this week to discuss energy security, including how to secure critical minerals. In an interview with me this morning, Canada's Energy Minister Tim Hodgson said that this Friday, Canada will sign and support a range of critical minerals partnerships that will include stockpiling of critical minerals and investments in new mining and processing operations with its G7 partners.

It is a watershed moment for the mining and critical minerals space; it’s clear that the coordination between governments and private capital is finally here. 🔹 Export-Import Bank of the United States rolled out $2.2B in LOIs tied to U.S.–Australia supply chain projects. 🔹 IFC - International Finance Corporation + Appian Capital Advisory launched a $1B fund to invest in critical minerals across Africa and Latin America. 🔹 J.P. Morgan announced a $1.5T, 10-year “Security & Resilience” initiative, with up to $10B earmarked for mining, manufacturing, and supply chain investments. The takeaway: the capital and policy frameworks are coming together. The question isn’t if this wave of investment happens, but rather how quickly and how well projects execute. The significant investor focus could set mining up to be a “mainstream” sector for investment going forward, but only if we manage to not be a massive destroyer of capital during this period of (in some instances) irrational exuberance. Now is the time to be in the sector. The focus is here… now for the execution. #criticalminerals #mining #investing #supplychain