Government of Canada is spending $41 million on a critical minerals mine in Saskatchewan to make it the first “carbon-neutral” copper and zinc mine in Canada.
The funding, announced by Energy and Natural Resources Minister Jonathan Wilkinson on behalf of Innovation, Science and Industry Minister Francois-Philippe Champagne, will support the development of Foran Mining Corporation’s McIlvenna Bay mine.
The $41 million is delivered through the Strategic Innovation Fund (SIF), as part of Foran’s $263.7 million project to adopt clean, innovative technologies.
The initiative includes the acquisition of a battery-electric vehicle fleet, the integration of a ventilation-on-demand and heat recovery system, the development of a water recycling system, and the implementation of a pyrite removal system.
These advancements will position the McIlvenna Bay mine as a model for sustainable mining practices in Canada and beyond.
“This project represents a significant leap forward in sustainable mining and reinforces Canada’s position as a global leader in critical minerals,” Minister Wilkinson said. “By supporting initiatives like this, we are advancing our transition to a clean economy while creating jobs and opportunities for Canadians.”
The McIlvenna Bay mine project builds on previous federal investments, including up to $20 million from the Critical Minerals Infrastructure Fund announced in December 2024.
That funding will support the construction of a hydro transmission line, an on-site substation, and electric vehicle charging infrastructure, ensuring the mine is powered by clean hydroelectric energy.
Saskatchewan, a province rich in natural resources and a leader in mining innovation, plays a key role in Canada’s critical minerals strategy. The mining sector supports approximately 30,000 direct and indirect jobs across the province, and Saskatchewan is home to 27 of the 34 critical minerals identified in Canada’s strategy.
The McIlvenna Bay mine will contribute significantly to the supply of copper and zinc, key components for clean technologies and the digital economy. It is also expected to bring substantial benefits to Indigenous communities in the region, maintaining nearly 400 full-time jobs and fostering economic opportunities.
Through investments like this, the Government of Canada is demonstrating its commitment to seizing the opportunities presented by the low-carbon economy while ensuring economic and national security. By developing sustainable critical mineral value chains, Canada is positioning itself as a global leader in the clean energy transition.