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Saskatchewan Critical Minerals Processing Investment Incentive
Transferable credits for critical minerals processing investments
Last Update: June 5, 2026
Funding available
$ 75,000,000
Timeline
- Open Date : August 1, 2024
- Closing date : March 31, 2029
Location
Saskatchewan, Canada
Overview
This program provides transferable royalty and production tax credits of up to CAD 75 million per project for critical minerals processing investments in Saskatchewan. It supports greenfield and brownfield value-added projects in aluminum, cobalt, copper, gallium, helium, lithium, magnesium, natural graphite, nickel, rare earth elements, and zinc processing.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase production or service capacity
- Increase operational productivity
- Optimize production processes
Eligible Funding
- Maximum amount : 75,000,000 $
- Up to 15% of project cost
Timeline
- Open Date : August 1, 2024
- Closing date : March 31, 2029
Eligible candidates
Eligible Industries
- Manufacturing
Location
- Saskatchewan
Legal structures
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- All groups
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Greenfield critical minerals processing projects
- Brownfield expansions that increase processing capacity
- Phased value-added processing projects
- Enabling infrastructure directly connected to the project
Documents Needed
- CMPII Application Form
- Completed Eligible Cost Submission Form
- Assurance Report from a licensed CPA
- Detailed itemized cost breakdown
- Supporting documents requested by the Ministry, if applicable
Eligibility
Who is eligible?
- Companies carrying out value-added critical minerals processing projects
- Businesses in aluminum, cobalt, copper, gallium, helium, lithium, magnesium, natural graphite, nickel, rare earth elements, or zinc
Who is not eligible
- Government bodies and Crown entities
- Not-for-profit corporations
Eligible expenses
- Land directly related to the project
- Depreciable assets and installation or transport costs
- Qualified professional services
- Construction, site preparation, and utilities directly tied to the project
- Engineering design, FEED studies, software, IP licensing, and regulatory fees
Ineligible Costs and Activities
- Administration and overhead
- Travel, subsistence, promotional, and marketing costs
- Operating costs, maintenance, and routine asset turnover
- Generic software, office supplies, and furnishings
- GST, PST, HST, fines, penalties, and non-arm’s-length transactions
Eligible geographic areas
- Saskatchewan
Processing and Agreement
- The Ministry reviews the application and issues a letter of conditional approval or refusal.
- If approved, the applicant enters into a formal agreement with the Ministry.
- After the project is operational, eligible costs are reviewed before credits are approved.
- The Ministry issues a Certificate of Approval for recognized eligible costs.
- Approved credits are then applied or can be transferred through IRIS.
Additional information
- The program can be combined with other Saskatchewan incentive and grant programs.
- Eligible costs may be incurred by a firm other than the principal applicant.
- Commercially sensitive information is treated as confidential by the Ministry.
- Applications may be submitted until March 31, 2029.
Contacts
Frequently Asked Questions about the Saskatchewan Critical Minerals Processing Investment Incentive Program
Here are answers to the most common questions about the Saskatchewan Critical Minerals Processing Investment Incentive. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.
What is the Saskatchewan Critical Minerals Processing Investment Incentive?
This program provides transferable royalty and production tax credits of up to CAD 75 million per project for critical minerals processing investments in Saskatchewan. It supports greenfield and brownfield value-added projects in aluminum, cobalt, copper, gallium, helium, lithium, magnesium, natural graphite, nickel, rare earth elements, and zinc processing.
How much funding can be received?
Saskatchewan Critical Minerals Processing Investment Incentive Funds up to 15% of admissible expenses, capped at $75,000,000 per project.
What is the deadline to apply?
The application deadline for this grant program is **March 31, 2029**. Applicants must submit their complete application before this date to be considered for funding.
Who is eligible for the Saskatchewan Critical Minerals Processing Investment Incentive program?
To be eligible for the Saskatchewan Critical Minerals Processing Investment Incentive program, you must:
Qualifying value-added processing project
Minimum CAD 10 million in eligible costs
Not operational before application
What expenses are eligible under Saskatchewan Critical Minerals Processing Investment Incentive?
Greenfield critical minerals processing projects
Brownfield expansions that increase processing capacity
Phased value-added processing projects
Enabling infrastructure directly connected to the project
Who can I contact for more information about the Saskatchewan Critical Minerals Processing Investment Incentive?
You can contact Saskatchewan Ministry of Energy and Resources by email at cmpii@gov.sk.ca or by phone at (306) 787-2604.
Where is the Saskatchewan Critical Minerals Processing Investment Incentive available?
The Saskatchewan Critical Minerals Processing Investment Incentive program is available the province of Saskatchewan.