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Canada approves $20M for Foran Mining's McIlvenna Bay project, aiming for carbon-neutral copper production.
The Canadian government has conditionally approved a $20 million investment for Foran Mining Corporation's McIlvenna Bay mine project in Saskatchewan.
The funding will support the construction of a hydro transmission line, an on-site substation, and electric vehicle charging infrastructure, aiming for carbon-neutral copper production.
This project could create thousands of jobs and help Canada become a key supplier of critical minerals to its allies.
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