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A Chinese company is buying from and investing in a rare earth project in the N.W.T. — which, for years, had been marketed as a way for Canada to reduce its reliance on China for a material that’s crucial in types of low-carbon technology.
Vital Metals, the owner of the Nechalacho mine project in the N.W.T., has sent a subsidiary into bankruptcy and is stopping the construction of a Saskatoon processing plant.
“Geoff Atkins is one of the giants of critical minerals,” said CMI Founder Tracy Weslosky, “long before people recognized the vital importance of critical minerals. Geoff is one of the few mining executives outside of China who has played a critical role in establishing two landmark rare earth operations - Mt. Weld with Lynas Rare Earths Limited and Nechalacho with Vital Metals Limited. He joins a growing team of distinguished experts and industry leaders as a Director of the Critical Minerals Institute and will participate in a number of panels at the upcoming Critical Minerals Summit b...
YELLOWKNIFE - Mining companies with projects in the North say more federal support is needed following the release of Canada's new critical minerals strategy, while some environmental advocates are wary of the potential impacts.
Mining companies with projects in the North say more federal support is needed following the release of Canada's new critical minerals strategy, while some environmental advocates are wary of the potential impacts.