Search Minerals Inc. (SHCMF)

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Chico; Mining week Article regarding Canadian REE production;

https://www.miningweekly.com/article/mining-association-says-canadas-rare-earth-support-too-modest-to-displace-reliance-on-china-2021-04-20

Canadian Government proposed expansion of their Strategic Innovation Fund –

"“We need battery grade nickel, cobalt, lithium and graphite and we are pleased to see programmes and tax measures that we believe can support filling or expanding domestic production of these materials,” said Gratton.

Specific supports targeting REEs, including the establishment of a Critical Minerals Centre of Excellence that will focus on coordinating federal policy and programmes on critical minerals and C$36.8-million over three years for federal research and development to advance critical battery mineral processing and refining expertise, were positive, but modest.

REEs, a subset of critical minerals, are used in a wide range of essential technologies including in healthcare, defence, clean energy and telecommunications. To date, China has coerced the market for these key materials, developing monopoly-like control over their production and distribution, thus rendering the rest of the world reliant on China for procurement. To help address this vulnerability, Canada and the US signed a Joint Action Plan to partner in creating greater North American resilience and independence in the extraction, processing and manufacturing of REEs and magnets."