MIL-OSI Translation: Government of Canada announces $10 million to support critical mineral development in Northern Ontario

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MIL OSI Translation. Canadian French to English –

Source: Government of Canada – in French 1

June 10, 2024 Sudbury, Ontario Natural Resources Canada

Critical minerals represent a unique opportunity for Canada to strongly stimulate economic growth, create jobs and support the fight against climate change. Already, the mining industry and related sectors employ more than 625,000 Canadians and contribute approximately $100 billion per year to Canada’s GDP, providing a strong supply chain and technical expertise that we are able to to take advantage. As the global hub for battery metals, with the world’s largest integrated mining industrial complex and the second largest nickel deposit on the planet, Northern Ontario is uniquely positioned to seize this opportunity and become a key player amid increasing demand for electric vehicles and other technologies requiring nickel and other critical minerals.

Today, the Minister of Energy and Natural Resources, the Honorable Jonathan Wilkinson, announced two investments of $5 million each to Mining Innovation, Rehabilitation, and Applied Research Corporation (MIRARCO) and Electra Battery Material Corporation (Electra) to support the critical minerals sector in Canada, particularly in Northern Ontario. These projects will be added to nearly 130 mining projects under construction or planned over the next ten years in Canada, for a combined value of $93.5 billion, according to theInventory of major projects from Natural Resources Canada.

The funding provided to MIRARCO aims to advance technological readiness for the recovery of battery metals such as nickel, cobalt and copper from tailings at the Vale and Glencore mines in the Greater Sudbury region, while reducing the social and environmental costs generated in the long term by mining residues. As part of this project, MIRARCO will directly feed into the battery supply chain, potentially recovering significant quantities of nickel and cobalt in Sudbury, Ontario.

The second investment will be used to advance the next phase of Electra’s battery materials recycling project. As part of a multi-phase operation to strengthen the North American supply chain for battery materials, Electra is building North America’s only battery-grade cobalt refinery, five hours north of Toronto. It successfully conducted a batch recycling demonstration program there in 2023. The funding announced today will help Electra continue its project by enabling continuous process demonstration and showing that its patented technology is scalable, cost-effective and sustainable. to be applicable elsewhere. The Battery Materials Recycling Program will help conserve resources, reduce waste and mitigate the environmental impacts of battery production in North America’s critical minerals sector. This program is based on a new environmentally friendly process that will help build a resilient Canadian supply chain for electric vehicle batteries.

For a country like Canada, where centuries of mining have left many communities struggling with mine tailings, technologies like these offer a great opportunity to increase the circularity of the economy and transform the tailings mining as an economic opportunity for Canadians. Funding for these projects comes from the Research, Development and Demonstration Program for Critical Minerals (PRDDMC). The PRDDMC aims to support the development of innovative processing technologies for the critical minerals industry, with a view to advancing Canadian mining projects towards production. This program is part of the Canadian Critical Minerals Strategy.

Establishing national processing channels and acquiring greater expertise in Canada will boost jobs, and help us build a sustainable and prosperous low-carbon future. Through wise investments like those from which MIRARCO and Electra will benefit, Canada ensures that its natural resources – as well as the workers and the economic benefits they bring to Northern Ontario and the entire country – remain among the most sought-after in the world, which stimulates innovation and helps achieve our climate goals. We will continue to invest in Northern Ontario’s mining industry to drive social and economic development while creating jobs and opportunities for families across the region.

EDITOR’S NOTE: This article is a translation. Apologies should the grammar and/or sentence structure not be perfect.

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