New investments and incentives announced for Saskatchewan's critical mineral sector

Federal government adds $16 million in funding to support the Saskatchewan Research Council, provincial government announces two new incentives

The federal government announced Aug. 14 that it will provide an additional $16 million in funding to the Saskatchewan Research Council’s (SRC) rare earth processing facility in Saskatoon, Sask.

The money comes from Natural Resources Canada (NRCan) and PrairiesCan, which have already provided $13.5 million to the project.