The government of Saskatchewan has announced C$31-million in funding for a rare earth processing facility, delivering on a key element of its 2030 Growth Plan.
The facility, to be owned and operated by the Saskatchewan Research Council, will be the first-of-its-kind in Canada and will begin to establish a rare earth element (REE) supply chain in Saskatchewan.
"Saskatchewan’s new rare earth processing facility will be a catalyst to stimulate the resource sector in Saskatchewan and across Canada, providing the early-stage supply chain needed to generate cash-flow, investment and industrial growth of the sector," Premier Scott Moe said in a statement.