Announcement
23 Jun 2025
In June 2025, the Canada Infrastructure Bank (CIB) provided a loan to Torngat Metals to support a rare earths project.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
23 Jun 2025
Revocation date:
No revocation date
Updated: 29 Jun 2025
State loan
In force
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 pro...
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