The Ontario government announced funding support for multiple mining and research projects through the Critical Minerals Innovation Fund. The province said the funding is intended to support new technologies and methods tied to mineral exploration, mine development, battery materials, and mineral processing.
According to the announcement, the projects are focused on improving mineral recovery, strengthening domestic supply chains, and supporting Ontario’s mining sector through new technical and research initiatives. The province stated the funding is also intended to assist with the development of technologies tied to critical minerals needed for electric vehicles, energy storage, and advanced manufacturing.
Ontario said the program supports partnerships involving mining companies, researchers, and technology developers working on projects connected to exploration, extraction, processing, and recycling. The government stated that the investments are part of a broader strategy aimed at increasing mining activity and supporting long-term growth in Northern Ontario.
The province said the funding is intended to help position Ontario as a supplier of critical minerals while supporting job creation and industrial development linked to the mining sector. The announcement also noted continued provincial efforts to accelerate mining development and strengthen Ontario’s role in mineral supply chains.