Ontario’s plan for a critical minerals strategy
posted on
Mar 10, 2021 11:21AM
NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)
https://www.ontario.ca/page/critical-minerals#section-2
Learn about critical minerals, Ontario’s plan for a critical minerals strategy and how you can share your feedback.
Critical minerals are a subset of the raw materials needed to produce many products and specialized technologies. The minerals that a jurisdiction deems “critical” depends on its geology, as well as its own domestic and economic priorities. The term generally applies to minerals that have specific industrial, technological and strategic applications. They do not have many viable alternatives, meaning if a critical mineral is not available, there aren’t many other minerals that can be used in its place. These minerals are also at higher supply risk due to geopolitical considerations and market demand.
Sectors that depend on critical minerals include:
Critical minerals are important to our everyday lives. New technology and high-growth sector markets are looking for suppliers of responsibly and sustainably sourced critical minerals.
Ontario produces minerals considered critical by other jurisdictions. Ontario also needs critical minerals for local industries, high-growth sectors and supply chains. Ontario’s mining and processing capacity is vital in contributing to much-needed global supply, as is the province’s refining capacity to produce intermediate and pure products of nickel, cobalt, copper, platinum group elements and refined uranium. Minerals mined in the province are part of a globally integrated supply chain and Ontario minerals are used in products worldwide. We have immense exploration and mineral development potential for critical minerals.
The proposed critical minerals list includes:
Minerals with exploration potential |
Advanced mineral projects |
Minerals being produced |
Minerals that are currently processed only |
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Critical minerals are used in many different industries and are found in many products you have at home and work.
New technologies are transforming the way we live and work, and critical minerals are at the forefront of these changes. Around the world, governments are implementing policies that are accelerating innovative technology production that relies heavily on critical minerals as raw resources, as well as implementing policies surrounding electric vehicles, clean energy and information communications technology.
The adoption of new technologies is being accelerated by the:
Technology/Sector | How minerals are used |
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Batteries (electric vehicles, energy storage systems and mining equipment) use cobalt, lithium, manganese, nickel and graphite as well as copper for related infrastructure. |
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Hydrogen fuel cells, a subset of battery technology, use platinum group elements. |
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Electronics (laptops, LED monitors and smartphones) use indium and rare earth elements. |
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Aerospace and defence (military defence systems, steel and super-alloys) use beryllium, chromium, cobalt, nickel and titanium. |
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Agricultural technologies (fertilizer and livestock feed) use cobalt, copper, phosphate, selenium and zinc. |
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Renewable energy (solar cells and panels) use copper, indium and tellurium. |
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Medical equipment and technologies (cardiac implants, Magnetic Resonance Imaging (MRI) machines, monitoring devices and fibres for prosthetic devices) use zinc, platinum group elements, rare earth elements, titanium and nickel. |
Critical minerals also play a major role in the future of low- and zero-emission vehicles and transportation. Use of battery technology has increased dramatically and is expected to grow in the future. Battery technology is important in the electric vehicles market.
Bloomberg’s “Electric Vehicle Outlook 2020” projected that, by 2040, over half of all passenger vehicles sold globally will be electric.
Countries are accelerating their efforts to secure supplies of critical minerals. There is also increasing interest in getting raw minerals that are responsibly and sustainably sourced.
Ontario is well-positioned to be a global supplier of critical minerals owing to its unique geology, processing capacity and world-class mining supply and services sector.
Ontario produced over $10 billion worth of minerals in 2019.
Minerals mined in Ontario are part of a globally integrated supply chain and are used in many products worldwide.
Our diverse geology and immense mineral potential make Ontario well-positioned to:
Ontario has a wide range of mineral deposits, including both metallic and non-metallic minerals.
Supply chains
Ontario is an ideal location for mineral exploration and investment due to our:
Ontario has a world-class mining supply and services sector. Cutting-edge research and development in our universities, colleges and research institutes help make mineral exploration and mining in Ontario more efficient, safer and better for the environment.
Ontario is developing a critical minerals strategy as part of our commitment to:
Our vision for critical minerals includes:
We released a discussion paper for public consultation on the Environmental Registry of Ontario. This consultation will inform the development of Ontario’s critical minerals strategy.
To help us develop the strategy, we want to hear from:
Provide your feedback by May 9, 2021. To provide feedback you can either:
Director’s Office, Strategic Services Branch
Mines and Minerals Division
Ministry of Energy, Northern Development and Mines
933 Ramsey Lake Road, 2nd Floor
Sudbury, Ontario
P3E 6B5