Canadian authorities have announced they would invest C$5 million into the Centre for Excellence in Mining Innovation (CEMI) to support transition to net-zero economy.
"As Canada's mining industry grows, so do the opportunities for Canadians. We are in a great position to build the foundation for a future net-zero economy, and we are committed to making sure that Canadians stand ready to benefit from the jobs and growth that accompany this transition,” said Innovation, Science and Industry Minister François-Philippe Champagne in a statement cited by Mining Weekly.
“By investing in Canada's mining sector, we are securing high-paying Canadian jobs that set this generation and the next up for success."
The investment will be used to support the Mining Innovation Commercialisation Accelerator (MICA) network which has played a key role in innovation within Canada's mining sector, creating more than 435 jobs and increasing private-sector investments by C$170 million.
"Through this investment in the MICA network, we are supporting Canadian innovators in developing cutting-edge clean technologies that will increase production, reduce emissions and strengthen our critical minerals supply chains. This funding will help accelerate the commercialisation of transformative solutions, ensuring Canada remains a global leader in responsible and sustainable mining," said Energy and Natural Resources Minister Jonathan Wilkinson.
Theodor Lisovoy, Managing Editor, Rough&Polished
