Ontario is set to begin building a road to the mineral-rich region known as the Ring of Fire, which lies roughly 500 kilometres northeast of Thunder Bay.
The province says it will spend $61.8 million to rebuild several portions of existing road in the town of Geraldton, Ont., which will serve as the start of the eventual road to the Ring of Fire. The region is said to be rich in critical and base minerals, such as chromite, cobalt, nickel, copper, and platinum.
“The Ring of Fire is a once-in-a-generation opportunity,” Ontario Premier Doug Ford said in a Sept. 10 post on X. “By working together with First Nations and northern communities, we’re building the roads that will unleash its enormous economic potential, unlock our critical minerals and protect Ontario’s future.”…