Troilus in Talks on German Funding for Quebec Gold-Copper Mine

Shredded scrap copper.

Photographer: Krisztian Bocsi/Bloomberg

The German government is in talks with Canadian firm Troilus Mining Corp. to fund investment in a large mining project, helping secure copper supplies that are key to the energy transition.

The money will come from Germany’s new raw materials fund, which allows a capital injection of as much as €150 million ($176 million) per project, according to people familiar with the matter who asked not to be named as the matter is private.