Sep 19, 2024
Loans, grants and roadwork would cover nearly third of $880M cost of Canadian Premium Sands project
An Alberta company that wants to mine silica sand and process it into solar panel glass in Manitoba says it has secured letters of intent from the federal and provincial governments to contribute grants and loans, and conduct infrastructure work that will cover almost a third of the project’s start-up costs.
Canadian Premium Sand, which received a provincial environmental licence to extract and process sand in February, announced Wednesday that Ottawa and Manitoba intend to contribute up to $272 million toward the $880-million project.
Read More: https://www.cbc.ca/news/canada/manitoba/canadian-premium-sand-funding-1.7327226