US Military to Provide Funding for Canadian Mining Projects to Decouple From China

Started by Epoch-Times-Bot, Nov 15, 2022, 11:15 PM

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Epoch-Times-Bot

Nov 15, 2022, 11:15 PM
US Military to Provide Funding for Canadian Mining Projects to Decouple From China

The U.S. military is looking to provide funds for Canadian mining projects that want American public funding through a national security program as Washington seeks to decouple from critical mineral reliance on China, a U.S. official said.
Early this June, U.S. President Joe Biden invoked the Defense Production Act (DPA) to advance his clean energy and climate change policies. The Act is the “primary source of presidential authorities to expedite and expand the supply of materials and services from the U.S. industrial base needed to promote the national defense,” says a U.S. government website.
The U.S. military has thus received hundreds of millions of dollars to help private mining companies solicit new mining projects....

Source: US Military to Provide Funding for Canadian Mining Projects to Decouple From China

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