Critical Minerals Investments
The CIB’s critical minerals investments will facilitate the construction of enabling and supporting infrastructure like access roads, clean power generation and transmission and wastewater management facilities in remote areas of Canada. Investments can unlock critical mineral development and support economic development while addressing risks which impact the ability of mining companies to raise sufficient pre-mine construction financing.
Offered by Canada Infrastructure Bank
Amount
No fixed amount
Quick eligibility check
Who can apply
To be considered, projects must:
- Be located in Canada
- Involve at least one of the 31 critical minerals on Canada’s Critical Minerals List
- Be categorized as a “Single Project” (e.g. a lithium mine or graphite processing plant that would be used by a single developer) or a “Shared Infrastructure Project” (e.g. an access road or transmission line to a region with significant mineral resource potential that could be used by multiple parties including mining companies and potentially Indigenous communities)
- Include enabling or supporting infrastructure, like power transmission lines and substations, access roads, water/wastewater infrastructure or broadband, with a value of at least $100 million, unless the project is owned by an Indigenous community, where the value must be at least $5 million
- Eligible costs for the investment must not exceed 50% of the public funding
About the funding
The CIB supports critical minerals projects across the entire supply chain. We can partner with owners, developers and investors to deliver innovative financing solutions that accelerate and make projects commercially viable.
The CIB’s critical minerals investments will facilitate the construction of enabling and supporting infrastructure like access roads, clean power generation and transmission and wastewater management facilities in remote areas of Canada.
Similar programs
| Program | Type | Amount | Status |
|---|---|---|---|
| Charging and Hydrogen Refuelling Infrastructure Initiative | Loan, Investment | Financing to the private sector with repayment aligned to use levels, under a minimum of $500 million dedicated by the CIB to the initiative | Open |
