just look at Stornoway's road built from 167 to Renard. Typical regional terrain which required several bridges and many culverts, and it was 70m CAD for 90 km. The Quebec govt provided a full loan to build it, and also built themselves an extension of 167 (iirc) by 100km+ and reduced the distance Stornoway needed to build. They were responsive and generous -- and this was a decade ago for a diamond mine! I'll try and dig up my old post where I have the precise details.
When WR1 exercise the Renard option the Quebec govt and largest pension fund in QC will become substantial holders. This is important, they will have skin in the game.
Note too, Stornoway was employing hundreds of Cree at Renaed, and (you may have noticed) the federal and provincial govts are very responsive to the needs of First Nations communities. These people need work, and their extended hardship would be undesirable to the govt.
As GT1 documented in their strategic update, there are over 20bn CAD of benefits available to support upstream development of critical minerals. WR1's very modest capex requirements will likely be made even more modest thanks to assistance through these programs. Almost certainly the federal govt has not finished announcing new initiatives to help build a critical minerals supply chain.
The Trudeau camp are "all in" on this stuff. Some may actually believe they are saving the planet. But a change of govt imo would be even more bullish because the new conservative admin would be a staunchly pro-mining one, and they want simpler approvals.
The Korean govt has a huge program to assist battery chain companies, 29bn USD in benefits must be allocated within 5 years, which will make a deal more attractive for an upstream partner. They also have a smaller but still substantial fund to assist Korean companies acquire overseas critical minerals assets.
People need to understand the investment thesis is not just about ROI and "making money". For important players this is a geopolitical issue. Korean govt isprotecting its battery and car industries because their vulnerability and dependency on China presents a serious risk to their economy and prestige. Any further tension with China increases incentives for Japanese and Korean companies to do M&A. It's expected a Trump admin would.pivot from Russia to Chyna.
Perhaps @Helios11 can address @triage's comment that WR1's planned mining road would be insufficient to haul ore from Adina to Renard. @triage, what source are you using that informs your assumptions about the road's specs?
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