Sudbury (Ontario), Natural Resources Canada – Critical minerals present a once-in-a-generation chance for Canada to drive historic economic growth, create jobs and support the fight against climate change. Already, mining and related industries employ more than 625,000 Canadians and contribute around $100 billion a year to Canada’s GDP, providing a strong supply chain and technical expertise we can leverage. As a global battery metals hub with the world’s largest integrated mining industrial complex and world’s second-largest nickel deposit, Northern Ontario is uniquely well positioned to seize this opportunity and become a key player as the shift to electric vehicles and other technology requiring nickel and other critical minerals grows.
Today, the Honourable Jonathan Wilkinson, Minister of Energy and Natural Resources, announced two investments of $5 million each to the Mining Innovation Rehabilitation and Applied Research Corp (MIRARCO) and Electra Battery Materials Corporation (Electra) to support the critical minerals sector in Canada, and in Northern Ontario specifically. These projects join nearly 130 mining projects under construction or planned over the next 10 years in Canada, representing a combined value of $93.5 billion, according to Natural Resources Canada’s Major Projects Inventory.
We would like to take this opportunity to thank the co-recipient of Natural Resources Canada’s $10M funding contribution, Mining Innovation Rehabilitation and Applied Research Corp, for hosting us at their facility and sharing more about their important work. MIRARCO is a not-for-profit research arm of Laurentian University, that has been providing innovative solutions for the mining industry’s challenges for over two decades.
For more information about the project, please contact
MIRARCO Mining Innovation
+1 (705) 675-1151 Ext. 5075
media@mirarco.org