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Description
On 23 June 2025, Canada Infrastructure Bank (CIB) provided a CAD 55 million (approx. USD 40.12 million) loan to Torngat Metals. Torngat Metals is developing the Strange Lake rare earth minerals projec...
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Intervention Details
Intervention Type
State loan
MAST Chapter
L: Subsidies (excl. export subsidies)
Implementation date
23 Jun 2025
Revocation date
No revocation date
Implementation level
NFI
Affected flow
Inward
Announced as temporary
No
Eligible firms
firm-specific
Affected Trading Partners
Table
Affected Sectors
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Affected Products
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