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Or sign-in if you have an account.Canada is investing up to $400 million in Teck Resources to expand critical minerals production and bolster domestic supply chains. Photo by Norm Betts /BloombergThe Canadian government will contribute as much as C$400 million ($282 million) to Teck Resources Ltd.’s plans to boost output at a key metals refinery, creating a deal that could ensure the country receives a portion of the future germanium, antimony and gallium supply.Enjoy the latest local, national and international news.Exclusive articles by Conrad Black, Barbara Kay and others. Plus, special edition NP Platformed and First Reading newsletters and virtual events.Unlimited online access to National Post.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles including the New York Times Crossword.Support local journalism.Enjoy the latest local, national and international news.Exclusive articles by Conrad Black, Barbara Kay and others. Plus, special edition NP Platformed and First Reading newsletters and virtual events.Unlimited online access to National Post.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles including the New York Times Crossword.Support local journalism.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountorThe government, alongside the C$15 billion Canada Growth Fund, agreed with Teck to support increased processing capacity for strategic metals at the Trail zinc-and-lead smelter in British Columbia, according to a statement Tuesday. The facility produces metals such as silver and germanium, mostly as byproducts.The move comes after Teck and Anglo American Plc agreed last year to a merger that will create a $50 billion metals giant focused on copper mines in Chile and Peru. To secure Canadian regulatory approval for the transaction, the companies agreed to invest as much as C$850 million in the Trail operations and to explore ways to add copper processing and expand output for germanium and other critical minerals.Get a dash of perspective along with the trending news of the day in a very readable format.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of NP Posted will soon be in your inbox.We encountered an issue signing you up. Please try againThe Canada Growth Fund said its equity-like investment of C$400 million, if realized, would contribute to the total investment package for Trail. The expansion could double the facility’s germanium and antimony production and potentially add gallium capacity for the first time, the statement added.The investment, which remains subject to certain conditions, is the first to be announced under Prime Minister Mark Carney’s C$2 billion Critical Minerals Sovereign Fund to provide capital for equity investments, loan guarantees and offtake agreements to support mining projects. That initiative, now called the Canada Critical Minerals Accelerator, is being managed by Export Development Canada.The fund will focus on the overlap between the specific critical minerals identified by each of the Group of Seven nations as being strategically important from an economic and national defence stance, Canadian Energy and Natural Resources Minister Tim Hodgson said in an interview, declining to comment on specific commodities.Canada has already begun stockpiling graphite and scandium after striking separate agreements with Nouveau Monde Graphite Inc. and Rio Tinto Group respectively.“In the contracts that we’ve done so far, the producer will stockpile it for us,” Hodgson said, referring to the graphite and scandium deals. The government may eventually create its own stockpiling warehouses, he added, “but that’s a future decision.”Our website is the place for the latest breaking news, exclusive scoops, longreads and provocative commentary. 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