The first and last mile fund is a $1.5-billion fund. The purpose of the fund is to help address some of the infrastructure gaps, which, if addressed, could help accelerate the development of new critical mineral resources and support the regions in which some of this activity takes place. It would support supply chains and would also help improve market access.
I'll give you some examples of how the fund would enable that. It could support the development of mining sites. If roads, infrastructure or transmission lines are required to enable those sites, those would be eligible expenditures from the fund. It could also help support midstream processing for priority projects.
The other way the fund can help accelerate the development of critical mineral deposits is in the recognition that a lot of these deposits are located in areas with indigenous interest and in indigenous territories. The fund also provides funding to support and enable indigenous engagement and participation throughout the mining value chain.