MAGNESIUM
Privately-owned Alliance Magnesium has received C$12-million in funding from the federal government to support the second phase of demonstrating its technology to extract magnesium from asbestos tailings.
The announcement by International Development Minister Marie-Claude Bibeau on Friday comes in the same week that Environment and Climate Change Minister Catherine McKenna announced the final regulations banning asbestos and products containing it. The regulations, which will come into effect at December 30, exempts asbestos-mining residues.
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