{"id":786657,"date":"2026-07-07T19:09:16","date_gmt":"2026-07-07T19:09:16","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/786657\/"},"modified":"2026-07-07T19:09:16","modified_gmt":"2026-07-07T19:09:16","slug":"ottawa-to-invest-up-to-400-million-in-teck-critical-minerals-smelter-in-b-c-nanaimonewsnow","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/786657\/","title":{"rendered":"Ottawa to invest up to $400 million in Teck critical minerals smelter in B.C. | NanaimoNewsNOW"},"content":{"rendered":"<p>\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/07\/1783451356_50_imageRedirect.jpeg\" class=\"object-fit-cover\" alt=\"\"\/><\/p>\n<p>Teck Mining Company&#8217;s zinc and lead smelting and refining complex is pictured in Trail, B.C., on November 26, 2012. THE CANADIAN PRESS\/Darryl Dyck<\/p>\n<p>By The Canadian Press<\/p>\n<p>\n\t\t\t\tJul 7, 2026 | 12:00 PM\n\t\t\t<\/p>\n<p>TRAIL, B.C. \u2014 The federal government will invest up to $400 million into Teck Resources Ltd.\u2019s critical minerals processing operations in southern B.C.  <\/p>\n<p>It\u2019s the first such announcement under the Canada Critical Mineral Accelerator, a Natural Resources Canada program set up last year to speed up development of minerals needed for economic sovereignty, national security and the energy transition. <\/p>\n<p>The agreement could see the Canada Growth Fund make an equity-like investment of up to $400 million directly into the facility in Trail, B.C., which currently produces 19 products and employs more than 1,400 people. <\/p>\n<p>Teck is planning an up to $850-million expansion to its Trail operations that could double production of germanium and antimony and add new capacity for gallium. <\/p>\n","protected":false},"excerpt":{"rendered":"Teck Mining Company&#8217;s zinc and lead smelting and refining complex is pictured in Trail, B.C., on November 26,&hellip;\n","protected":false},"author":2,"featured_media":786658,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[194295],"tags":[879,49,48,2467,2461,2468,2460,2462,2463,44,2464,20739,2465,2466,82],"class_list":["post-786657","post","type-post","status-publish","format-standard","has-post-thumbnail","category-ottawa","tag-breaking-news","tag-ca","tag-canada","tag-central-vancouver-island","tag-nanaimo","tag-nanaimo-breaking-news","tag-nanaimo-news","tag-nanaimo-news-now","tag-nanaimonewsnow","tag-news","tag-oceanside","tag-ottawa","tag-parksville","tag-qualicum","tag-sports"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/786657","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=786657"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/786657\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/786658"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=786657"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=786657"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=786657"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}