U.S. President Joe Biden, shown speaking at a virtual roundtable in Washington in February, invoked the U.S. Defense Production Act in March to fund critical minerals projects needed for such technologies as electric vehicles. © Kevin Lamarque/Reuters
CBC: U.S. military weighs funding mining projects in Canada amid rivalry with China
The United States military has been quietly soliciting applications for Canadian mining projects that want American public funding through a major national security initiative.
It's part of an increasingly urgent priority of the U.S. government: lessening dependence on China for critical minerals that are vital in everything from civilian goods such as electronics, cars and batteries, to weapons.
It illustrates how Canadian mining is becoming the nexus of a colossal geopolitical struggle. Ottawa just pushed Chinese state-owned companies out of the sector, and the U.S. is now considering moving public funding in.
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WNU Editor: The Canadian government has already provided a list of 70 companies that need funding.
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