VML General Comments - Chat, page-7239

News about Canadian federal strategies is beginning to become more specific:
There are multiple bullet points which VML stands to benefit from:

In order to develop its listed objectives, the government has earmarked:

• approximately $79 million for public geoscience and exploration to better identify and assess mineral deposits;
• a 30 per cent Critical Mineral Exploration Tax Credit for targeted critical minerals. This new tax credit would be available to investors under certain flow-through share agreements. It is applicable to specific critical minerals, including nickel, lithium, cobalt, graphite, copper, rare earth elements, uranium and others;
• approximately $48 million for targeted upstream critical mineral R&D through Canada’s research labs;
• approximately $144 million for deployment of technologies and materials to support critical mineral development for upstream and midstream segments of the value chain;
• approximately $21 million to support the CMCE to develop federal policies on critical minerals and to assist project developers in navigating regulatory processes and federal support measures;
• $40 million to support other northern regulatory processes in reviewing and permitting critical mineral projects; and
• $1.5 billion for the Strategic Innovation Fund (SIF) to support critical minerals projects, with prioritization given to advanced manufacturing (such as electric vehicle manufacturing), processing and recycling applications.

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