Ontario Government Invests $8 Million in Critical Minerals Innovation Fund Projects

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The Ontario government is funding 18 projects focused on critical minerals innovation, aiming to enhance technological development in the sector.

TIMMINS, ONT. – The Ontario government has announced a significant investment of nearly $8 million aimed at supporting 18 innovative projects through the Critical Minerals Innovation Fund (CMIF). This funding initiative, as outlined in an official release, is anticipated to attract an additional $12.3 million from private-sector contributions, thereby advancing the research, development, and commercialization of technologies developed in Ontario. The current round of funding, which continues the momentum established by the CMIF since its inception, includes several noteworthy projects. Among these, Vale Canada Limited is set to receive $500,000 to develop ClearZone, a pioneering in-field robotic arm system designed for underground mining operations. This system is expected to automate the removal of hazardous debris, enhancing safety and efficiency in mining environments. Additionally, Destiny Copper Inc. will be allocated $400,000 to further advance its patented low-energy process that converts mining and industrial byproducts into high-purity copper powder. This innovation not only addresses waste management but also aims to provide a sustainable source of copper. Another significant investment of $262,500 will go to Rock Tech Lithium, which is working on validating the use of crude tall oil—a byproduct from the pulp and paper industry—as a cost-effective and environmentally friendly flotation reagent for lithium processing. Since its launch in 2022, the CMIF has supported a total of 47 projects, reflecting the Ontario government’s commitment to fostering innovation in critical minerals and positioning the province as a leader in this essential sector.

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