[SMM Iron & Steel] Canada Secures $12.1 Billion in Mining Capital for Critical Minerals

Published: Mar 10, 2026 13:36

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The Canadian Minister of Energy and Natural Resources announced on March 2, 2026, the second round of investments under the Critical Minerals Production Alliance. The initiative has unlocked $12.1 billion in capital for 30 new partnerships, focusing on high-grade iron ore and other minerals essential for green steel production in North America.

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