Pentagon Buys Canadian Mines: Equ...

Pentagon Buys Canadian Mines: Equity Stakes in Critical Minerals Exposed

AI
The Maxi and Honcho Show by Joseph deslauriers
May 29, 2026
17:49

Episode notes

Tonight's investigation reveals how the Pentagon's Defense Production Act Title III fund is quietly purchasing equity stakes in Canadian mining operations - lithium, cobalt, tungsten, and graphite. Hundreds of millions of dollars across a dozen Canadian operations including Lithium Americas, Fortune Minerals, and tungsten outfits in the Yukon. The Carney government in Ottawa, which campaigned on 'elbows up' against Trump, has fast-tracked these deals under the banner of critical mineral strategy. Our panel breaks down the mechanics: convertible notes, equity warrants, and off-take agreements that give the Pentagon first call on the metal before Canadian industry. Chubba Ginjani follows the money, Karen Crotchfield explains how the Investment Canada Act review was bypassed through creeping acquisition, and Jimmy Fiddler reports from mining country where workers found out from press releases. We name names - the Pentagon's DPA Title III Office, Mark Carney's Ottawa, Lithium Americas, Fortune Minerals. At the heart of this story is Joseph McKenzie, 71, a Tlicho First Nation elder near Fortune's cobalt project, whose grandkids breathe dust the mining company won't explain. The duty to consult doesn't trigger because the Pentagon investment is classed as private foreign investment. Tonight's verse: Deuteronomy 28:33. Watch the full video: https://iframe.mediadelivery.net/embed/672638/76e796f8-dcc8-447f-b3a5-52d631f1c320