Article on today's news...CBC news MENU
CBC NEWS
Toronto
New mineral processing plants touted as 'missing link' for Ontario's EV industry
Company says facility near Timmins will become biggest nickel processing facility in North America
Mike Crawley - CBC News
Posted: 2 Hours Ago
Ont-Volkswagen 20230421
Premier Doug Ford's government is trying to position Ontario as a start-to-finish location for electric vehicle manufacturing, from mining the materials for EV batteries, forging the steel for the vehicle bodies, to final assembly. (Tara Walton/The Canadian Press)
A Canadian mining company will announce plans Thursday for two new processing facilities that its CEO says will provide the "missing link" in Ontario's plans for building a full-fledged electric vehicle industry.
Canada Nickel Co. intends to develop a nickel processing plant as well as a stainless-steel and alloy production facility in the region of Timmins, its officials told CBC News ahead of the announcement.
EV batteries can contain 80 per cent or more nickel, making the metal a key component for the growing industry.
ADVERTISEMENT
"We're going to see nickel demand double or triple over the next 10 years as we gear up battery production here in North America," said Mark Selby, chief executive of Canada Nickel, in an interview with CBC News.
Premier Doug Ford's government is trying to position Ontario as a start-to-finish location for electric vehicle manufacturing, from mining the materials for EV batteries, forging the steel for the vehicle bodies, to final assembly.
The provincial and federal government are combining to pour billions of dollars into production incentives for EV battery plants located in southern Ontario, which could be fed by minerals from northern Ontario.
Timmins
Canada Nickel Company says it is considering several possible locations near Timmins for its two new mineral processing plants and expects the nickel processing facility to begin production by 2027. (Pierre-Mathieu Tremblay/Radio-Canada)
Selby says his company's mineral processing plants will be crucial to the EV supply chain in the province.
"The key piece that's missing is this first-stage conversion, after you take the products from the mine and then turn them into a usable product," he said. "Being able to provide that processing capacity that provides that missing link is vitally important."
ADVERTISEMENT
Canada is pouring billions of dollars into the electric vehicle industry. Will it pay off?
Ontario covering one-third of incentives for both Stellantis and Volkswagen plants
Ontario's Minister of Mines George Pirie calls the plan a tremendous opportunity that takes advantage of the province's mineral resources.
"It speaks to what we believe in, in Ontario, securing the supply chain and doing it a fashion that's zero carbon footprint," Pirie said in an interview.
Canada Nickel says all carbon emissions from both plants will be captured and stored in the tailings of its planned Crawford mine, north of Timmins.
1322515692
Batteries destined for Volkswagen ID. Three electric cars stand stacked at a production facility in Dresden, Germany. Volkswagen is building a major EV battery plant in southwestern Ontario. (Sean Gallup/Getty Images)
Ontario recently moved to allow underground carbon capture, a way of fighting climate change by trapping greenhouse gas emissions instead of releasing them into the atmosphere.
ADVERTISEMENT
Mining industry customers want products that are produced with as little carbon emissions as possible, says Selby.
Next step in Ontario EV auto strategy is a lithium hydroxide plant: minister
Doug Ford unveils strategy for 'critical minerals,' worth $3.5B to Ontario economy
"Being able to deliver a zero-carbon product both from the mine and then through the first stage of processing is a massive advantage," he said.
In a news release, Canada Nickel says it is considering several possible locations near Timmins for the new plants and expects the nickel processing facility to begin production by 2027.
The company says the nickel plant will grow to have the capacity to process more than 80,000 tonnes annually, which would make it the largest nickel processing facility in North America.
CBC's Journalistic Standards and Practices
RELATED STORIES
Northeastern Ontario nickel miners not threatened by flood of the metal from Indonesia
Mining claims jump in northern Ontario's Ring of Fire as EV battery interest grows
Northern Ontario's critical minerals all the buzz at PDAC conference
POPULAR IN NEWS
450 reading now
Lifelong Republican, 91, defies Trump as Supreme Court tackles major ballot question
387 reading now
BCE Inc. cutting 4,800 jobs as it sells off 45 regional radio stations
231 reading now
Naples invented pizza. Now it's reinventing pineapple on pizza
219 reading now
The mother of a school shooter was convicted of manslaughter. What does this mean for other cases?
198 reading now
Convoy organizers want Ottawa police board to pay any damages in class action
DISCOVER MORE FROM CBC
LISTEN
Points taken: Loyalty points theft is a growing problem
Radio - Cost of Living
Jagmeet Singh threatens consequences if Liberals miss March 1 pharmacare deadline
David Thurton
News - Politics
Risky play: Why we should let kids go outside and then get out of the way
The Nature of Things
The mother of a school shooter was convicted of manslaughter. What does this mean for other cases?
Nick Logan
News - World
Directing a documentary about slavery in Canada was 'heartbreaking': Alicia K. Harris
Docs
Maple Leafs captain John Tavares taking CRA to court in $8M tax dispute
Sports - Hockey - NHL
CBC KIDS NEWS
Avian flu is in Canada. What does that mean for birds and humans?
LISTEN
Got a lingering cough that just won't quit? Here's what you need to know
Radio - The Current
©2024 CBC/Radio-Canada. All rights reserved