Global Trade Alert
Global Trade Alert

Canada (Quebec): BlackRock Metals secures funding from the provincial authorities for a mine construction

Announcement

21 Aug 2018

In August 2018, BlackRock Metals secured an investment of over CAD 100 million (USD 76 million) from the government of the province of Quebec. 

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

21 Aug 2018

Revocation date:

No revocation date

Updated: 21 Aug 2018
State loan In force
On 21 August 2018, Investissement Quebec and its subsidiary, Ressources Québec, announced the provision of a total of CAD 100 million (USD 76.92 million) in loans to BlackRock Metals. The funding will...
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Updated: 21 Aug 2018
Equity stake In force
On 21 August 2018, the government of the province of Quebec announced an injection of CAD 85 million (USD 65.35 million) in the equity of BlackRock Metals. The funding will support the establishment o...
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