The Ontario government is providing more than $4.1 million through the Northern Ontario Heritage Fund Corporation (NOHFC) to five mining supply and services projects in Northeastern Ontario.
The NOHFC promotes economic prosperity across Northern Ontario by providing financial assistance to projects that stimulate growth, job creation and skills development.
“These investments will support our province’s growing mining industry and help build-up our home-grown electric vehicle and battery supply chain,” said Premier Doug Ford. “Through the Northern Ontario Heritage Fund, our government is helping to create thousands of jobs, attract new investments and spur economic growth in Sudbury and throughout the north.”
Projects funded through the NOHFC include:
- $2 million for Frontier Lithium Inc. in Sudbury to demonstrate a new lithium extraction process that produces high-quality lithium chemicals used in lithium-ion battery and electric vehicle manufacturing. This is a key step before exploring the possibility of establishing a full commercial-scale lithium chemical plant in Northern Ontario that could provide employment opportunities for more than 200 people
- $1 million for Tim McDowell Equipment Ltd. in Sudbury to expand its facility and purchase equipment, allowing the company to expand its operations in supplying heavy equipment to the mining and construction industry and providing repair and rebuilding services
- $399,977 for Z’Gamok Construction LP in Sagamok Anishnawbek First Nation to purchase equipment to expand operations in Algoma-Manitoulin in industrial services including aggregate hauling, site services, and custodial and site security
- $390,000 for MOSWA Fuels in Cochrane to purchase new trucks and tankers to haul fuel to the Detour Lake gold mine to support a five-year contract with Kirkland Lake Gold
- $310,500 for Rocvent Inc. and 1887571 Ontario Inc., a manufacturer of polyvinyl chloride (PVC) flexible mine ducting in Sudbury, to purchase new equipment that will more than double production of their high frequency welding units.
“We continue to make targeted investments in business development, as well as innovative technology developed right here in Northern Ontario,” said Greg Rickford, Minister of Northern Development. “Not only does today’s funding strenghten the mining supply and services sector, but it also supports our government’s Critical Minerals Strategy and our goal of being a supplier, producer and manufacturer of choice for critical minerals."
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