Ontario, Canada invests 8 million Canadian dollars to support 18 critical mineral innovation projects
2026-06-16 13:44
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en.Wedoany.com Reported - The Government of Ontario, Canada, through the Critical Minerals Innovation Fund (CMIF), is investing nearly 8 million Canadian dollars in 18 projects to accelerate the research, development, demonstration, and commercialization of local technologies in mineral exploration, extraction, and processing.

This investment is expected to leverage 12.3 million Canadian dollars in private sector funding. Funded projects include: Vale Canada Limited receiving 500,000 Canadian dollars to develop ClearZone—Canada's first robotic arm system for underground mine sites, automating the removal of hazardous residues; Destiny Copper Inc. receiving 400,000 Canadian dollars to scale its patented low-energy process that converts mining and industrial by-products into high-purity copper powder; and Rock Tech Lithium receiving 262,500 Canadian dollars to validate the feasibility of crude tall oil, a by-product of the pulp and paper industry, as a low-cost, low-emission flotation agent.

Since its launch in 2022, the Critical Minerals Innovation Fund (CMIF) has invested in a total of 47 projects.

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