Canada's first rare earths producer is processing ore from its Nechalacho operation in the Northwest Territories, where mining commenced in mid-2021.

KZK is expected to produce an estimated annual average of 14,400 tonnes of copper, 106,800 tonnes of zinc and 25,300 tonnes of lead concentrates.

Nickel prices will edge higher in Q322 as Chinese stimulus measures improve the demand outlook and the Russia- Ukraine war continues to disrupt supply, says Fitch.

Infrastructure that lags behind southern Canada is limiting the potential of the territory’s mining development and increasing its costs as well, said leaders of the N.W.T. government at PDAC.

The project would produce up to 250,000 tonnes of potash per year and have an expected life of over 100 years, according to federal government website.