From Today's Throne Speech on the Ring of FireFrom today's Throne Speech
https://news.ontario.ca/en/speech/1002230/together-lets-build-ontario And by helping to meet the growing global demand for low-carbon automobile production, clean steel is a critical selling feature as Team Ontario fights for every dollar of investment in the province’s economy.
These efforts are only supported by Ontario’s abundant supply of critical minerals, including nickel, cobalt and lithium.
Recognizing the unprecedented potential, the province has released its critical minerals strategy, a five-year blueprint to better connect mines and minerals in the north with the manufacturing might in the south, including Ontario’s growing electric vehicle and battery manufacturing capacity.
The cornerstone of this strategy is found in the Ring of Fire.
Located approximately 500 kilometers northeast of Thunder Bay and covering about 5,000 square kilometers, the Ring of Fire is one of the most promising mineral development opportunities in the world and represents a transformative opportunity for multi-generational development.
A project of this size and scale requires an unyielding commitment to partnership and cooperation.
By working collaboratively with First Nations partners, the province is now in the late stages of environmental assessments and design work to build the first two sections of the road to the Ring of Fire.
And recently, chiefs from Webequie and Marten Falls First Nations submitted the terms of reference for the Northern Road Link, the third and final road necessary to complete the all-season connection to the province’s highway system.
This “Corridor of Prosperity” will not only bring economic growth and opportunity to northern and First Nations communities, it will also unlock the full potential of Ontario’s economy.