Troilus in Talks on German Funding for Quebec Gold-Copper Mine
Shredded scrap copper.
Photographer: Krisztian Bocsi/BloombergThe 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.