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Cleantech Vanadium Mining Corp V.CTV

Alternate Symbol(s):  CTVFF

Cleantech Vanadium Mining Corp., formerly Flying Nickel Mining Corp., is a Canada-based exploration-stage mining company focused on vanadium resources. The Company owns a 100% interest in the Gibellini vanadium project in Nevada, United States. The Gibellini vanadium project is located near Eureka in Nevada's Battle Mountain region covering 21 kilometers (km), Gibellini holds 127 million pounds of measured and indicated V2O5, with 195 million pounds inferred. The project features an open-pit, heap-leach operation with a 0.2 strip ratio and over 60% recovery, targeting 99% pure V2O5 production. Water and sage credits are secured through a nearby 3,000-acre ranch.


TSXV:CTV - Post by User

Post by Bradwaiton Apr 04, 2022 4:32pm
99 Views
Post# 34574482

Canada Gov't to Spend $2 Billion on EV Supply Chain

Canada Gov't to Spend $2 Billion on EV Supply Chain

Canada to spend C$2 bln on mineral strategy for EV battery supply chain

Kitco News

OTTAWA, April 4 (Reuters) - Canada's federal budget will include an investment of at least C$2 billion ($1.60 billion) for a strategy to accelerate the production and processing of critical minerals needed for the electric vehicle battery supply chain, two senior government sources said.

Prime Minister Justin Trudeau's government, which will release its budget this week, will invest some C$2 billion ($1.6 billion) to ramp up the extraction of processing of critical minerals including nickel, lithium, cobalt and magnesium, said the sources who are familiar with the file but were not authorized to speak on the record.

The investment could be spread over more than one year, but the sources declined to comment on the time frame.

Reporting by Steve Scherer Editing by Paul Simao
 
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco

https://www.kitco.com/news/2022-04-04/Canada-to-spend-C-2-bln-on-mineral-strategy-for-EV-battery-supply-chain.html


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