Saskatchewan looks to boost critical mineral industry through new strategy

The Saskatchewan government is launching a critical minerals strategy with the hope of growing the industry.It also wants industry to spend more on exploration.

The province hopes to achieve this by expanding an exploration tax credit to 30 per cent from 10 per cent. It is also providing an additional $3.25-million through a grant program available to companies looking to explore minerals. Saskatchewan has 23 of the 32 products listed on Canada’s critical minerals list, including rare earth elements, lithium and copper.

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