https://newsletter.en.creamermedia.com
Copper|electrification|Energy|Gas|generation|Infrastructure|Mining|Power|PROJECT|Projects|Resources|Services|Steel|System|Training|Infrastructure|Operations
Copper|electrification|Energy|Gas|generation|Infrastructure|Mining|Power|PROJECT|Projects|Resources|Services|Steel|System|Training|Infrastructure|Operations
copper|electrification|energy|gas|generation|infrastructure|mining|power|project|projects|resources|services|steel|system|training|infrastructure|operations

Wilkinson announces funding for critical mineral projects

Wilkinson visited the Vale Stobie mine site in Sudbury on Wednesday.

Wilkinson visited the Vale Stobie mine site in Sudbury on Wednesday.

10th October 2024

By: Creamer Media Reporter

     

Font size: - +

Energy and Natural Resources Minister Jonathan Wilkinson on Wednesday announced funding for five infrastructure projects to support the development of critical minerals in the Sudbury and Timmins regions.

Through the Critical Minerals Infrastructure Fund (CMIF), pending final due diligence, up to C$8.4-million in funding has been approved.

The Crawford nickel sulphide project is set to benefit from a C$6.8-million investment for electrification and connection to the Ontario electricity grid. Of that, C$2.4-million will go to Transmission Infrastructure Partnerships to advance a transmission line connecting the Crawford project to the Ontario power grid.

Project developer Canada Nickel Company will receive up to C$4.4-million to conduct studies for the mine’s electrification plan.

When in production, the project is expected to create more than 1 500 high-paying jobs, according to Canada Nickel, and its electrification will reduce greenhouse-gas emissions by 60% compared with diesel-powered operations.

Further, government has earmarked up to C$1.6-million for Magna Mining to support preconstruction activities to help power the Shakespeare and Crean Hill mines with clean electricity and connect the Shakespeare mine to the Ontario highway system.

These mines will produce nickel and copper.

Also, with C$2.7-million from Natural Resources Canada, Giyak Mishkawzid Shkagmikwe and Taighwenini Technical Services Corporation, the economic development corporations of the Atikameksheng Anishnawbek and Wahnapitae First Nations respectively, will purchase two production mining drills. These drills will be leased out to support First Nations training opportunities, wealth generation and participation in the clean economy.

The purchase will help Indigenous partners participate in the revitalisation at Vale's Stobie mine, which is a nearly $1-billion joint project of Vale, Thiess, United Steel Workers and local First Nations, to produce more nickel and copper.

The historic Stobie pit, which ceased operations in 2017 after 100 years, will be restarted, and production is expected to ramp up in the coming years.

Wilkinson made the announcement while visiting the Vale Stobie mine site in Sudbury.

“Today's investments are about fostering Northern Ontario's mining expertise to create more jobs and drive economic growth.  It is our priority that Indigenous partners have a part to play in the development of natural resources on our way to a clean energy future. The mining industry is one of the top employers for Indigenous communities across Canada, and we want to continue to encourage collaboration between mining and Indigenous communities,” he said.

Meanwhile, Wilkinson also announced over C$5.1-million in funding for 16 projects in the critical minerals sector, as part of the Canadian Critical Minerals Strategy. The funding is provided through two key programmes to increase the supply of responsibly sourced critical minerals and support the development of domestic and global value chains for the green and digital economy.

The investment includes C$4.1-million in funding for the Critical Minerals Geoscience Data Initiative, which will provide support to ten projects to enhance access to data and generate new insights on the geological potential of critical mineral sources.

Global Partnerships Initiative will receive close to C$1-million to support six projects that will reinforce Canada’s growing number of bilateral commitments and engagements in the critical minerals space. 

Edited by Mariaan Webb
Creamer Media Senior Deputy Editor Online

Comments

Showroom

Yale Lifting Solutions
Yale Lifting Solutions

Yale Lifting Solutions is a leading supplier of lifting and material handling equipment in Southern Africa. Yale offers a wide range of quality...

VISIT SHOWROOM 
John Thompson
John Thompson

John Thompson, the leader in energy and environmental solutions through value engineering and innovation, provides the following: design, engineer,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (11/10/2024)
11th October 2024 By: Martin Creamer

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.105 0.212s - 194pq - 2rq
Subscribe Now