Ottawa commits over $190 million to critical minerals and aluminum processing

Innovation, Science and Economic Development Canada says the investment targets Rio Tinto's industrial facilities and Aluminerie Alouette's smelting operations.

Ottawa, ON

By Nathan Blake Business & Data Published 23 October 2026, 15:00 UTC Updated 12:00 UTC 1 source 1 min read

Library photo Conveyor line in a flat glass manufacturing plant. Does not depict this event. TheGrenzebachGroup / CC BY-SA 3.0. Resized; may be cropped for display. Photo source Photo licence

The Government of Canada will invest more than $190 million to advance the country's critical minerals sector and strengthen aluminum processing, Innovation, Science and Economic Development Canada said on Oct. 23.¹

The department said the money goes to Rio Tinto's industrial facilities and Aluminerie Alouette's smelting operations, and that the investment will strengthen the competitiveness of Canada's aluminum sector.¹

Investing in Rio Tinto's industrial facilities and Aluminerie Alouette's smelting operations will strengthen the competitiveness of Canada's aluminum sector¹Innovation, Science and Economic Development Canada

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