Canada Plans Mining, Rare-Earths Equity Stakes to Combat China

Your browser is: Chrome 76.0.8281.3900. This browser is out of date so some features on this site might break. Try a different browser or update this browser. Learn more.✕ IndustriesEnergyCanada’s Natural Resources Minister Tim Hodgson, center.Photographer: David Kawai/BloombergContact us:Provide news feedback or report an errorConfidential tip?Send a tip to our reportersSite feedback:Take our SurveyNew WindowBy Jacob LorincNovember 14, 2025 at 1:16 AM GMT+1Canada plans to buy stakes in projects that will produce and process key minerals, the country’s natural resources minister said, as part of a broader effort to secure supplies of materials that are controlled by China.Tim Hodgson said the government has already started studying projects that will receive these equity investments, including mining operations and processing facilities. Those entities would be “deemed in the national interest, but for some reason they aren’t able to find the equity,” he said in an interview with Bloomberg News. Before it's here, it's on the Bloomberg TerminalBloomberg Terminal LEARN MOREMore From BloombergBank of Canada Mulled Delaying Cut Until After Carney’s BudgetCanada Loses Measles-Free Status With Outbreak Passing One-Year MarkCanada Lost Its Measles Elimination Fight. The US Could Be Next.Canaccord Says It’s Close to Settlement on US Compliance Lapsesan hour agoCanada Sanctions Russian Drone Makers, ‘Shadow Fleet’ VesselsTop ReadsThe True Cost of China’s Falling Pricesby Bloomberg NewsDubai’s Unbuilt Penthouses Spark Bidding Spree Among Ultra Richby Zainab FattahTricolor’s Frantic Final Days Began With a Call From JPMorganby Isabella Farr, Scott Carpenter, Paige Smith and Josyana JoshuaCancer Gold Rush Sparks Billions in Spending Over Unproven Drugsby Gerry Smith, Robert Langreth and Tanaz MeghjaniHomeBTV+Market DataOpinionAudioOriginalsMagazineEventsNewsMarketsEconomicsTechnologyPoliticsGreenCryptoAIWork & LifeWealthPursuitsBusinessweekCityLabSportsEqualityManagement & WorkMarket DataStocksCommoditiesRates & BondsCurrenciesFuturesSectorsEconomic CalendarExploreNewslettersExplainersPointed News QuizAlphadots GameThe Big TakeGraphicsSubmit a TipAbout UsTerms of ServiceTrademarksPrivacy PolicyCareersAdvertiseAd ChoicesHelp©2025 Bloomberg L.P. All Rights Reserved. Subscribe now for uninterrupted access.Get the context behind every story for $1.99/month.Get the story behind the story for just $1.99/month. We've updated our terms By accepting, you agree to our updated Terms of Service, including the arbitration provision and class action waiver. You understand that we process your information as described in the Privacy Policy, which may include sharing information about your use of Bloomberg.com with third parties. Accepting does not affect your right to opt-out at any time via the Do Not Sell or Share My Personal Information link in the website footer.