CommoditiesMedium•29 October 2026•
1 min read
Critical One Energy Signs C$425M Financing Deal for Antimony Project
Key Facts
1Critical One Energy signed a binding MOU with Solar International Core Canada for financing totaling up to C$425 million.
2The agreement includes C$25 million in strategic capital and a construction financing facility of up to C$400 million for the Howells Lake Project.
3The partnership includes a future antimony offtake agreement and involves institutional financing partners including the Oman Sovereign Wealth Fund.
Critical One Energy signed a binding MOU with Solar International Core Canada to secure financing totaling up to C$425 million. Newsfile Corp reported that the agreement is designated for the development of the Howells Lake Antimony-Gold Project in Canada, comprising C$25 million in strategic capital and a construction financing facility of up to C$400 million.
The partnership includes a future antimony offtake agreement and involves institutional financing partners, including the Oman Sovereign Wealth Fund. The deal aims to establish a strategic Canadian supply chain for antimony, following the Bank of Canada's decision to raise interest rates to 2.5% on October 28, 2026.