U.S. Military Weighs Funding Mining Projects In Canada Amid Rivalry With China
It’s part of an increasingly urgent priority of the U.S. government: lessening dependence on China for critical minerals that are vital in everything from civilian goods such as electronics, cars and batteries, to weapons. It illustrates how Canadian mining is becoming the nexus of a colossal geopolitical struggle. Ottawa just pushed Chinese state-owned companies out of the sector, and the U.S. is now considering moving public funding in. The American military has a new pot of money at its disposal to help private companies inaugurate new mining projects; it’s for funding feasibility studies, plant renovations, battery-recycling and worker training....