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How Will Mont Royal’s C$2.6M Road Funding Unlock Ashram’s Rare Earth Potential?

10:12am on Thursday 26th of February, 2026 AEDT Mining
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How Will Mont Royal’s C$2.6M Road Funding Unlock Ashram’s Rare Earth Potential?

10:12am on Thursday 26th of February, 2026 AEDT
Key Points
  • C$2.6 million conditional funding extended by Natural Resources Canada
  • Funding supports revised Southern Road Access Strategy linking Ashram to Schefferville
  • Road access enables transport of rare earth concentrates by road, rail, and sea
  • Infrastructure plan aims to reduce capital costs and technical risks
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