
AME launches national campaign to make mineral exploration a strategic priority for Canada
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Canada Accelerates Critical Minerals Build-Out with Major Funds and Alliances
Canada announced a suite of targeted funds and partnerships to scale critical minerals production, including a $1.5B First and Last Mile Fund and a planned $2B Sovereign Fund , plus new alliance capital totaling $12.1B . Ottawa also signed a Letter of Intent with the European Investment Bank and formalized a Canada–Greenland government roadmap, while industry launched an exploration campaign to protect the upstream discovery pipeline. The package links industrial policy, defence supply security and low‑carbon mining innovation to speed project delivery and broaden allied sourcing.

European Commission and Canada deepen critical minerals cooperation
At PDAC 2026 in Toronto, the EU and Canada moved from intent to implementation on critical‑minerals cooperation with a Letter of Intent between Canada and the European Investment Bank to accelerate joint project development and blended finance for midstream processing. That LoI sits inside a broader Ottawa diplomatic push — including a March 2 Canada–Greenland declaration and bilateral outreach in Warsaw, Paris and Seoul — which creates immediate implementation venues (pilot tenders, microgrid pilots and a Calgary symposium) but also exposes timing and procurement tensions driven by Arctic logistics, Indigenous consent and allied procurement designs.
Pentagon Cash, Pilot Plants and High-Grade Samples Reconfigure North American critical-minerals Landscape
A late‑2025 Pentagon allocation has catalyzed a wave of demonstration funding, private capital and project milestones that shorten the path from discovery to defense‑relevant supply in North America. Market and policy attention is now tilting toward brownfield and drill‑testable targets with verifiable geochemistry and defined metallurgy that can be tied quickly to pilot processing.

Canada Deepens Critical Minerals Partnership With Peru
Canada and Peru signed a bilateral MOU in Lima to coordinate investment, traceability and low‑carbon mining standards, linking Ottawa’s diplomatic outreach to domestic financing tools and allied instruments that together aim to mobilize commercial capital and market access for compliant projects. The accord complements recent Canadian announcements at PDAC — including targeted funds and an LoI with the European Investment Bank — but realization depends on timely disbursement, EIB terms and progress on local permitting and traceability infrastructure.

American Lithium Minerals Expands Quebec Critical‑minerals Footprint
American Lithium Minerals closed three Quebec property acquisitions that add high‑priority REE, copper and precious‑metal targets across ~17,000 hectares and 539 claims, shifting the company to a multi‑commodity explorer with several drill‑ready options. Industry precedents show demand‑side memoranda (conditional offtake MoUs) can de‑risk financing, but the company will need rapid QA/QC drill confirmation, metallurgical validation and permitting to convert optionality into binding commercial engagement.

Canada unveils national plan to reshape auto sector and expand EV charging
Federal ministers will present a coordinated strategy to modernize Canada’s automotive industry and announce targeted investments to grow electric vehicle charging networks. The package arrives alongside new market measures — including a fleet-average emissions regime with tradable credits and a limited quota for Chinese-built EVs — meaning infrastructure spending will interact directly with supply and import dynamics.

U.S. scramble for critical minerals reframes the race for AI advantage
Washington has moved beyond talk to sizable, financed interventions — including a roughly $12 billion federal reserve effort and a demand-side Project Vault backed by about $2 billion of private capital and a $10 billion Ex‑Im loan facility — linking mineral procurement to industrial and defense strategy. Markets and miners priced the shift quickly, while policymakers pair stockpiling with milestone‑based finance and allied coordination to try to translate buying power into onshore processing and supply‑chain resilience.

Canada and South Korea sign MOU to deepen cooperation in EVs, batteries and critical minerals
Canada and South Korea signed a memorandum to expand industrial cooperation across electric vehicles, battery supply chains, critical minerals and AI, and to create a bilateral committee and mobility forum to coordinate work. The agreement aims to attract Korean manufacturing investment and increase value-added processing in Canada, but it functions as a framework that will require concrete follow-through to generate factories and jobs.