Prime Minister Trudeau announced funding for a Quebec company that produces minerals for electric vehicles

Canadian Prime Minister Justin Trudeau listens to questions in Ottawa, October 7, 2022. (The Canadian Press/Adrian Wyld)

The federal government has said it will invest $222 million to help Quebec companies increase production of essential minerals for commodities such as electric vehicles and batteries.

Prime Minister Justin Trudeau made the announcement today after visiting the Rio Tinto Fel et Titané facility in Soller Tracy, about 90 kilometers northeast of Montreal.

Trudeau said the funding will come through the Strategic Innovation Fund and will allow the company to increase production of key minerals such as lithium, titanium and scandium.

He said the funding will help power plants in central Quebec cut their emissions in half by 2030 by electrifying furnaces and cutting coal.

The federal government said in a news release that the investment will create up to 150 jobs for the company.

The funding will support domestic and international clean technology supply chains and help choose Canada as a “global supplier” of critical minerals and materials needed for a green, digital world economy, he added.

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