Search Minerals Inc. (SHCMF)

[Middleborder]

Chico237,Douginil,all; Canadian Government Proposals to "secure a supply of critical minerals..."


https://www.mining.com/what-canada-should-do-to-secure-its-own-supply-of-critical-minerals-report/

MINING.COM Staff Writer | June 24, 2021 | 6:06 am Battery Metals Canada Cobalt Copper Graphite Lithium Nickel Rare Earth

"A report of the Standing Committee on Natural Resources presented before the House of Commons rang the alarm bell on how important it is for Canada to secure a supply of critical minerals, particularly in the face of China’s dominance." Snip...

"....Support for the creation of processing facilities is also mentioned as an important tactic to increase the number of markets for critical minerals in the country and to build a domestic industry and domestic expertise.

According to the report, this can be achieved by helping set up demonstration facilities for promising value-added product manufacturing, ensuring no duplication with provincial facilities, as well as by assessing the possibility of expanding the scope of financial and tax measures, such as the Mineral Exploration Tax Credit and the flow-through share system.

In addition, it is being suggested that the federal government should support research on critical minerals, including the development of research infrastructure and technological innovation platforms and encourage initiatives to develop mining and mineral processing activities that reduce the sector’s environmental impact."

Entire article at link


****Search Minerals Inc., an exploration stage company, engages in the acquisition, evaluation, and exploration of mineral resource properties in Canada. It explores for rare earth elements. The company's flagship project is the Foxtrot project located in the St Lewis. Search Minerals Inc. was incorporated in 2006 and is headquartered in North Vancouver, Canada.