THANKS "Marketbeat" ! ^^^ Infrastructure spending
Grants under the ministry’s $1.5-billion Critical Minerals Infrastructure Fund are to be awarded this fall, Pag said. The fund is considering $300 million this year by allocating $50 million for projects in preconstruction or infrastructure development, and $100 million for provinces and territories. Applications closed Feb. 29.
The fund, which started in November as part of the wider $3.8-billion federal critical minerals strategy, will aid projects through 2030. It may pay for three quarters of an Indigenous project, three quarters of a northern Canada project, a third of a public-private partnership, and half of most other projects, Pag said.
There’s also the $80-million Indigenous Natural Resources Partnership program, of which $25 million is aimed at critical minerals projects, the official said. Last month, Natural Resources Minister Jonathan Wilkinson awarded seven First Nations projects a total of $10.4 million from the program.
https://www.northernminer.com/news/ottawa-to-back-indigenous-groups-buying-project-equity/1003865879/
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- I 'PREDICT' that the Government of Northwest Territories will have APPLIED for these INFRASTRUCTURE GRANTS for the Nico Project.
Specifically:
* the 50 kilometers SPUR ROAD from the Nico mine to the ALL WEATHER ROAD
* the 22 kilometers ELECTRIC GRID CONNNECTION to the SNARE HYDRO SYSTEM from the NICO mine and concentrator
& it could EVEN INCLUDE an EXPANSION of the Snare Hydrogen System ELECTRIC GENERATING CAPACITY
z173