Critical Minerals Infrastructure Fund — Shovel ready

Major infrastructure gaps can stall even the most promising critical minerals projects, especially when mines are ready to move forward but lack the transportation or clean energy systems needed to operate. The Critical Minerals Infrastructure Fund — Shovel ready stream is designed for projects across Canada that are prepared to break ground and need significant capital to proceed. Delivered by Natural Resources Canada, this funding supports the construction, rehabilitation, or expansion of infrastructure that enables the development of critical minerals, from access roads and ports to power generation and transmission tied directly to mining operations.

Funding can reach up to roughly $50 million per project and is intended to cover a substantial portion of eligible costs, helping reduce financial risk for complex, capital-intensive builds. Support is available to mining companies, larger enterprises, and certain non-profit organizations, with funding structured as non-repayable or conditionally repayable depending on how the project generates revenue. In addition to physical infrastructure, the program also recognizes the importance of working with Indigenous and other impacted communities, allowing funding to support engagement and capacity-building activities tied to shovel-ready projects.

With applications currently being accepted on an ongoing basis, this stream is best suited for advanced projects that are ready to move into construction and align with Canada’s critical minerals and clean energy priorities. Exploring the full program details can help determine whether your project is positioned to take advantage of this large-scale funding opportunity.