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Neotech Metals wins $500K grant to boost critical minerals processing in Ontario.

Company Fundamentals
22 Jun 2026
Newsfile Corp
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Bullish
pluang ai news

Neotech Metals Corp. has been awarded $500,000 in non-dilutive funding from Ontario's Critical Minerals Innovation Fund to accelerate metallurgical and processing tests on its Hecla-Kilmer Rare Earth, Niobium, and Phosphate Project. This grant supports Ontario's strategy to become a leading global supplier of responsibly sourced critical minerals, vital for batteries, defense, and green energy technologies. The funding covers 50% of qualified expenses up to $1 million and aims to advance the development of a domestic rare earth supply chain. Neotech plans to disclose further test results soon, leveraging Ontario's supportive investment climate and infrastructure to build a competitive, made-in-Ontario critical minerals supply chain.

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US to impose 25% tariff on Brazilian ethanol next week, citing unfair trade practices

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