Government of Canada Supporting Critical Minerals Processing in Kingston

On 4 September 2024, Natural Resources Canada announced almost CAD 8.4 million in funding under the Critical Minerals Research, Development and Demonstration (CMRDD) program — part of the CAD 3.8 billion Canadian Critical Minerals Strategy funding envelope from Budget 2022 — split between Cyclic Materials Incorporated (CAD 4.9 million, for a demonstration plant producing high-purity mixed rare earth oxide and a cobalt-nickel mixed hydroxide product from recycled materials, aimed at permanent magnets) and Green Graphite Technologies Inc. (CAD 3.5 million, for recovering and upgrading graphite from secondary sources into lithium-ion battery-grade graphite). Announced in Kingston, Ontario by Mark Gerretsen, MP for Kingston and the Islands, on behalf of the Minister of Energy and Natural Resources, the Honourable Jonathan Wilkinson.

Gives Canada a second, more specific funding-mechanism event beyond the general 2022 Critical Minerals Strategy announcement (evt-ca-cms-2022), and is the corpus's clearest allied instance of government money aimed at recycling and downstream recovery across rare earths, cobalt and graphite, distinct from the mining- and processing-stage instruments already dominant in the corpus.