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Fortescue Metals Group/Wyloo Metals

Explainer: What is the Ring of Fire and when will it be developed? – by Jim Moodie (Sudbury Star – May 5, 2025)

Project Location & Study Area (CNW Group/Webequie First Nation and Marten Falls First Nation)

https://www.thesudburystar.com/

One analyst calls this part of Northern Ontario ‘the most important mining discovery in Canadian history’

It spans an area of Ontario bigger than Quetico Provincial Park — itself nearly as big as Algonquin Park — but few people have visited and you won’t find it easily on a map. Tip: if you Google Winisk River Provincial Park, that will at least get you in the right neighbourhood.

As murky as it might be geographically, however, geologically and economically it has been thrust under a spotlight — particularly of late, as both Queen’s Park and Ottawa look to parry U.S. trade moves and build domestic might going forward. The Ring of Fire has become a household name, and a source of superlatives.

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Ontario to OK mines in half the time: Ford – by Colin McClelland (Northern Miner – April 17, 2025)

https://www.northernminer.com/

Ontario Premier Doug Ford is proposing new legislation to cut mining permit times in half, designate geographic areas for speedy treatment like the Ring of Fire by September and limit foreign ownership.

The new legislation announced on Thursday mentions Wyloo Metals’ Eagle’s Nest project by name. The proposed battery metals mine would be within a Ring of Fire special economic zone northeast of Thunder Bay and have its environmental assessment (EA) process, which the company had voluntarily advanced nearly 15 years ago, entirely removed because it’s out of date.

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Mining the Northwest: New federal leadership will make the Ring of Fire go, says Wyloo Canada CEO – by Ian Ross (Northern Ontario Business – April 17, 2025)

https://www.northernontariobusiness.com/

Kristan Straub senses political winds are shifting in favour of critical minerals mining

The Ring of Fire has been the garden of agony for mining companies ever since the discovery of nickel and chromite in the James Bay region in 2007-2008.

As glacial as the pace of progress has been, Wyloo Metals Canada CEO Kristan Straub said his company’s enthusiasm hasn’t waned for its Eagle’s Nest project. “We think this is probably one of the best times, if not the most prospective time we’ve seen yet, at least in my tenure here,” said Straub, who joined Wyloo from Glencore’s nickel exploration team in 2023.

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‘Trailblazing’ leader has had ‘extraordinary impact’ on mining industry – by Staff (Timmins Today – April 6, 2025)

https://www.timminstoday.com/

Wyloo announced its vice-president of Indigenous enterprises, Glenn Nolan, will retire this year

Glenn Nolan, a respected leader with more than five decades of experience in Northern Ontario’s mining sector, is set to retire this year.

Australian Ring of Fire developer Wyloo made the announcement in a social media post on March 31, paying tribute to Nolan with a lengthy profile on its website outlining his many achievements and contributions to the sector.

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[ Andrew Forrest] A Mining Billionaire’s Case for Ditching Fossil Fuels – by Justin Worland (Time Magazine – February 25, 2025)

https://time.com/

It does not take long at lunch with Andrew Forrest for him to start seeming less like an Australian mining billionaire and more like a climate activist–meets–zealous prosecutor. His rugged features quickly appear not to reflect the arid expanse of Western Australia’s Pilbara region, home to the core operations of his $38 billion Fortescue iron-ore business.

Rather, they appear the result of a succession of high-stakes court battles. When we meet at a luxurious Paris brasserie, he speaks passionately about a client that he’s been representing for several years: the planet. His case? Corporate bosses must act now—and act fast—to tackle climate change, an argument he delivers with force and the unrivaled credibility that comes from decades in the carbon-spewing industry.

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Stay on schedule, show some cash, says Ring of Fire miner and province to Ottawa – by Ian Ross (Northern Ontario Business – January 27, 2025)

https://www.northernontariobusiness.com/

Province still waiting on feds for matching $1-billion infrastructure commitment as regional study begins

The launch of a federal Regional Assessment of the Ring of Fire has the backing of the region’s leading mine developer and a government in Queen’s Park that’s bullish on resource extraction.

But Wyloo Canada and Ontario’s mines ministry want the assessment process to stay on schedule and expect Ottawa to show a real financial commitment toward development. The Regional Assessment has moved at a snail’s pace since former federal environment minister Jonathan Wilkinson first called for one in February 2020.

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Nickel executives raise alarm over potential flood of Indonesian imports stemming from free trade agreement – by Niall McGee (Globe and Mail – December 22, 2024)

https://www.theglobeandmail.com/

Canada’s new free-trade agreement with Indonesia is causing an uproar in the nickel industry, with some executives saying that Ottawa should be clamping down on the Southeast Asian country, instead of opening up the domestic market to a flood of cheap supply produced at questionable environmental standards.

Earlier this month, International Trade Minister Mary Ng announced the Comprehensive Economic Partnership Agreement, which will see tariffs phased out on many goods between the two countries as of 2026. The trade deal had been in the works for several years. Canada already has no tariffs on imports of nickel from Indonesia.

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‘We believe Canada needs more nickel,’ Wyloo boss says – by Nicole Stoffman (Sudbury Star – October 13, 2024)

https://www.thesudburystar.com/

Nickel produced and processed in Northern Ontario and the Ring of Fire would be destined for the EV market

Kristan Straub, CEO of Wyloo Ring of Fire, provided an update on the Eagle’s Nest Mine at the State of Mining luncheon in Timmins recently. The mine site in the Ring of Fire in northwestern Ontario has a ‘small footprint’ of one square kilometre or half the size of the Timmins Airport, Straub said.

The site contains a deposit of 17 million tonnes at 3.3 per cent nickel, copper and platinum group elements. It also has some of the world’s largest chromite deposits outside of South Africa, Straub said.

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NEWS RELEASE: Wyloo and Metalshub Partner for Green Nickel Transparency (October 1, 2024)

Wyloo and Metalshub have entered into a Memorandum of Understanding (MoU) to improve transparency of the carbon dioxide (CO2) footprint, Environmental, Social and Governance (ESG) credentials, pricing and provenance in international nickel markets.

Wyloo intends to use Metalshub for the sale of its low-carbon nickel and nickel concentrate products following a re-start of its Kambalda, Western Australia nickel operations. The collaboration also aims to develop a price index for low-carbon nickel concentrate and nickel sulphate, to be referenced in future sales contracts.

Wyloo CEO, Luca Giacovazzi, said the collaboration would set a new global standard for sustainably produced nickel products and enable greater transparency of low carbon nickel pricing.

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Wyloo CEO makes Timmins stop to talk Ring of Fire – by Maija Hoggett (Timmins Today – October 3, 2024)

https://www.timminstoday.com/

Efforts to get the province to the table to talk about conservation planning processes remain at a stand-still

TIMMINS – With a nickel mine in Ontario’s Far North aiming to be in production in six years, the Timmins business community had a chance to learn more about the project. Wyloo CEO Kristan Straub talked about the ongoing work at the proposed nickel and chromite mine in the Ring of Fire today (Oct. 3) at the Timmins Chamber’s State of Mining series.

The proposed Eagle’s Nest Mine is located 500 kilometres northwest of Thunder Bay in a minerally enriched area of the James Bay wetlands.

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Province, Aroland First Nation have traction on a Ring of Fire road agreement – by Ian Ross (Northern Ontario Business – June 19, 2024)

https://www.northernontariobusiness.com/

Northwest First Nations provided with road improvement, training dollars for future mine development

Greenstone has been long regarded as the gateway to the Ring to the Fire — the logistical crossroads, business and training hub for any future mine development in the James Bay region.

Premier Doug Ford made his second trip in eight months to the rural northwestern Ontario on June 19 to deliver training and infrastructure dollars, and smooth over relations with First Nations that may be on the fence about development in the Far North.

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Sudbury column: Geopolitics, global warming make the Ring of Fire as important as ever – by Stan Sudol (Sudbury Star – June 8, 2024)

https://www.thesudburystar.com/

Construction of a road to the mine site needs to start now

Without a doubt, the Ring of Fire camp and its many strategic minerals that include nickel, copper, platinum group metals, chromite and titanium – just to mention a few as explorers have just scratched the proverbial surface – is the most important mining discovery in Canadian history. It may even exceed the legendary Sudbury Basin someday.

Discovered in 2007, the region is located approximately 450 km northeast of Thunder Bay in the isolated and vast peatlands of Hudson Bay, which itself is roughly the size of Norway but with only about 10,000 people. Contrary to fanatical ENGOs, sustainable mineral development and exploration practices will have minimal impact on the environment and provide the critical minerals needed to stop global warming.

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Ring of Fire Road Needs to Start Construction Now Due to Geopolitics and Global Warming – Stan Sudol (June 1, 2024)

Without a doubt, the Ring of Fire camp and its many strategic minerals that include nickel, copper, platinum group metals, chromite and titanium – just to mention a few as explorers have just scratched the proverbial surface – is the most important mining discovery in Canadian history. It may even exceed the legendary Sudbury Basin some day.

Discovered in 2007, the region is located approximately 450 kms. northeast of Thunder Bay in the isolated and vast peatlands of Hudson Bay which itself is roughly the size of Norway but with only about 10,000 people. Contrary to fanatical ENGOs, sustainable mineral development and exploration practices will have minimal impact on the environment and provide the critical minerals needed to stop global warming. Australian miner Wyloo owns the Eagle’s Nest nickel/copper mine and various chromite deposits. Canadian owned Juno Corp is the other main explorer in the district and controls roughly 52 percent of the mine claims.

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Mineral processing plant will bring hundreds of jobs, business opportunities to Sudbury area – by Lindsay Kelly (Northern Ontario Business – May 29, 2024)

https://www.northernontariobusiness.com/

First-of-its-kind $800-$900 million facility, processing Ring of Fire nickel, will give Wyloo an edge in electric battery manufacturing

Hundreds of jobs and economic development opportunities will be created in the region when Wyloo Canada builds its multi-million-dollar minerals processing plant in the City of Greater Sudbury.

Announced on May 29, the facility will be the first in Canada to process nickel sulphate and nickel-dominant precursor cathode active material (pCAM) — minerals needed to make the batteries used in electric vehicles.

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Wyloo Canada to build Ring of Fire facility in Sudbury (updated) – by Staff (Sudbury Star – May 29, 2024)

https://www.thesudburystar.com/

Wyloo CEO Canada Kristan Straub says the facility would provide the missing piece in Canada’s aspirations to develop a domestic EV battery supply chain

Wyloo Canada announced this morning that it plans to build a downstream battery materials processing facility in Sudbury. It will cost up to $900 million to build and will create several hundred jobs, officials said at the EDome this morning.

It will cost up to $900 million to build and will create several hundred jobs, officials said at the EDome this morning. Wyloo said it has an agreement with the City of Greater Sudbury to secure land to build the battery materials processing facility. The new facility will fill a critical gap in Canada’s electric vehicle battery supply chain by establishing Canada’s first mine-to-precursor cathode active material (pCAM) integrated solution.

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