As global demand for critical minerals continues to surge, Canada is poised to take a leading role in ensuring a sustainable and secure supply of these essential resources. With their key role in powering technologies and industries across the modern economy, critical minerals are vital to Canada’s future security and economic stability.

In a move aimed at reinforcing the country’s strategic mineral supply chain, the Honourable Tim Hodgson, Minister of Energy and Natural Resources, today announced an $8.2 million federal investment in Northcliff Resources, a Canadian company developing the Sisson Project in New Brunswick. The funding, part of the Global Partnerships Initiative (GPI), will support Northcliff’s work on a feasibility study update and engineering design for the Sisson Project.

“Canada is a global leader in providing the responsibly sourced critical minerals essential for energy, digital technologies and national defence. This federal investment in the Northcliff Resources project will enable the production of these minerals and strengthen our economy and security while creating good jobs in New Brunswick — a win-win for the province and the entire country,” explained the Honourable Tim Hodgson, Minister of Energy and Natural Resources.

The Sisson Project, located in New Brunswick, stands as one of the region’s most promising mining ventures. It is poised to become a major source of tungsten and molybdenum—two critical minerals essential for manufacturing lightweight, durable components, as well as improving the performance of batteries used in energy storage and renewable energy systems. Tungsten and molybdenum are also integral to defence and aerospace technologies, further enhancing their strategic value.

“New Brunswick’s mining industry has a long and proud history — and the Northcliff Sisson Project is a significant opportunity to build on that heritage while looking to the future. This project will create good jobs, drive economic growth and help position Canada as a reliable supplier of critical minerals. Together, we are shifting our economy from reliance to resilience,” expressed the Honourable Dominic LeBlanc, President of the King’s Privy Council for Canada and Minister responsible for Canada–U.S. Trade, Intergovernmental Affairs and One Canadian Economy.

The investment is part of the broader Canadian Critical Minerals Strategy, which aims to accelerate the development of key mineral projects across the country, thereby strengthening Canada’s position in global supply chains. This funding will provide the necessary economic and technical data to support a future decision on moving forward with construction.

“The Canadian government is making investments to ensure that the minerals are available to support newly developing technologies as well as maintain security of supply and North American industrial competitiveness. Northcliff has the opportunity to contribute to these key objectives by becoming a reliable, easily accessible, domestic producer of two critical minerals — tungsten and molybdenum. We appreciate this important funding from the Canadian government to help advance the Sisson Project and develop a domestic and resilient supply chain for critical minerals,” stated Andrew Ing, Chairman, President and CEO, Northcliff Resources.

With its federal backing, the Sisson Project and other critical mineral initiatives are expected to drive economic growth in New Brunswick and across Canada, reduce reliance on foreign sources, and ensure the long-term security of Canada’s supply chains. This strategic investment not only bolsters national security but also creates jobs and strengthens Canada’s global leadership in critical mineral production.