Building the Corridor to Prosperity: Ring of Fire
posted on
Apr 29, 2022 09:33AM
Black Horse deposit has an Inferred Resource Now 85.9 Million Tonnes @ 34.5%
Building the Corridor to Prosperity: Ring of Fire
https://budget.ontario.ca/2022/pdf/2022-ontario-budget-en.pdf
See Page 25: "Building the Corridor to Prosperity: Ring of Fire"
The Ring of Fire is one of the most promising mineral deposits in the world and will play a key role in Ontario’s future economic prosperity. It will create jobs, unlock critical minerals and bring multigenerational opportunities to Northern and First Nation communities. All‐season, dependable road access is a prerequisite to unlocking opportunity in the region. These roads will help bring critical minerals to the manufacturing hubs in the South, which will bring prosperity to Ontario’s North, including First Nation communities, improving access to education, health care, goods and services, and housing.
Ontario has committed close to $1 billion to support critical legacy infrastructure such as all‐season roads to the Ring of Fire. To support the construction of all‐season roads, the government approved the provincial Terms of Reference for the Environmental Assessment for the proposed Marten Falls First Nation Community Access Road and Webequie First Nation Supply Road projects in October 2021. In addition, in April 2022, Marten Falls First Nation and Webequie First Nation announced that they will be submitting a Terms of Reference for the proposed Northern Road Link Environmental Assessment. The proposed road is the final piece of critical road infrastructure needed to ensure reliable, all‐season road access to potential mining sites in the Ring of Fire and connect both First Nation communities to Ontario’s highway network. The provincial government will continue to work with the federal government to coordinate the impact assessment requirements for these projects.
Geopolitical forces are fueling a surging demand for reliable and responsibly sourced critical minerals, making this a strategic imperative for Canada. The Ring of Fire will bring significant economic, social and community benefits to the entire nation, and this historic project needs a full federal partner. This is why Ontario will continue to call on the Government of Canada to step up and match Ontario’s funding commitments to getting the road to the Ring of Fire built.
Section A: Rebuilding Ontario’s Economy
25
Chapter 1: Ontario’s Plan to Build
Chart 1.1
Proposed Corridor to Prosperity
Proposed Marten Falls First Nation Community Access Road and Webequie First Nation Supply Road
Webequie First Nation
Proposed Northern Road Link
Ring of Fire Area
Assembly Plants
2 Locations with
two Assembly Plants Battery Manufacturing Plant
Steel Manufacturing Plant
Honda – Alliston 2 Stellantis – Brampton
General Motors – Oshawa
Ford – Oakville
Stelco – Hamilton
Marten Falls First Nation
Thunder Bay
Selected Land Border Crossings
Selected Ports
Timmins
Algoma Steel – Sault Ste. Marie
Sudbury
Ottawa
Toyota – Cambridge 2 ArcelorMittal Dofasco – Hamilton
General Motors – Ingersoll
Toyota – Woodstock
Stelco – Nanticoke
Stellantis – Windsor
LG Energy Solution/Stellantis – Windsor (fully operational by 2025)
Driving Ontario’s Automotive Sector for the Future
Sources: Ontario Ministry of Economic Development, Job Creation and Trade; Ontario Ministry of Northern Development, Mines, Natural Resources and Forestry; and Ontario Ministry of Transportation.