Search Minerals Inc. (SHCMF)

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Chico; Not sure this should be posted to NIOBF!

https://dailycaller.com/2022/08/23/biden-admin-moves-to-fund-canadian-mines-while-blocking-us-mining-efforts/

snip...

"Following the passage of the Democrats’ massive climate spending package, the Biden administration is looking to import critical minerals such as lithium, cobalt and nickel and may even give money to the Canadian mining industry to acquire such minerals and help push mineral supply chains out of Chinese hands, according to E&E News. Although it is desperate to produce these minerals and confront the Chinese dominance of the mineral market, the administration has blocked major mining projects in Minnesota and Alaska. (RELATED: Environmentalists Are Holding Up A Key Part Of Biden’s Climate Agenda)"

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"Canada may benefit from Biden’s Defense Production Act funding for specific mining activities that support the production of “clean energy” technologies like electric vehicles and solar panels, despite the fact that the act stipulates that funding for defense projects must only come from domestic sources, according to E&E News. However, Canadian businesses are considered to be domestic sources, according to a June White House report.
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