Greetings Contrarian,

This is The Next Big Rush, your daily drop of mining/energy investing news. Where we come together to enjoy the bit of life we have left.

Here are the important points:

💸US Military Bankrolls Canadian Mining

🎥 Energy Demand To Soar: Video of The Week

🫡 RIP Mining Legend

🏧 US Military Bankrolls Canadian Mining

During his visit to Canada, President Joe Biden announced that the U.S. military will provide funds to critical minerals projects in both the U.S. and Canada this spring.

The aim is to develop a critical minerals industry on this continent and reduce the U.S.'s reliance on China for materials needed to power EVs, electronics, and other products.

Canadian companies have been informed that they are eligible to apply for grants from the Defence Production Act program, with a $250 million US fund available for companies from both countries.

Biden also stated that Canadian semiconductor projects would be eligible for access to another Defence Production Act program. Canada has promised billions of dollars to the sector as well.

The mining sector wants more, rightly so - and has called for the Canadian government not for funds but rather to speed up permitting to ensure that Canada can become a major player in providing raw materials for growing fleets of EVs.

When was the last time we saw a country pay to stimulate another’s mining industry?

There’s something to this.

🔋 Energy Demand To Soar: Video of The Week

This week, Jesse Day of Commodity Culture hosted the most famous green chicken in the world - aka Doomberg on a wide range of Topics. Some of our favourite were:

• Tailwinds For Uranium And Nuclear

• Who Sabotaged Norstream?

• Natural Gas = Widow Maker Trade

• Gold - How Much Is It Worth?

• Copper's Role In The New Green Economy

• Bull Case For Oil

Here it is for your lazy weekend consumption:

Enjoy!

💐 RIP Tookie Angus

Stuart "Tookie" Angus has passed away.

As the mining term goes, the man was very prolific and every time his name came up as being on the board of a particular company, it would immediately attract a nod of respect.

That's no small feat after persisting for 40 years, through ups and downs.

As a renowned personality in the industry, he was involved with many successful projects such as K92, Nevsun, and First Quantum Minerals.

He continued to be active on boards of juniors until his very last breath.

Rest In Peace, Tookie.

And may we all have that drive to push forward until the very end.

Meme of The Day

Happy Speculating!

The Editor

DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.