Noront to be renamed Ring of Fire Metals as Wyloo pushes to build EV nickel mine in Ontario’s Far North – by Niall McGee (Globe and Mail – September 27, 2022)

https://www.theglobeandmail.com/

Wyloo Metals Pty Ltd. has renamed Noront Resources Ltd., the junior Canadian exploration company it recently acquired, to Ring of Fire Metals, as the Australian resource heavyweight moves forward in its attempt to build what could be a cornerstone mine for Ontario’s nascent electric-vehicle industry.

Perth-based private equity firm Wyloo acquired Noront this year for $617-million after winning a fierce bidding war against fellow Australia miner BHP Group Ltd. Wyloo chief executive Luca Giacovazzi said in a release that it settled on the Ring of Fire name to recognize both the minerals district in which the nickel project is located, and to pay homage to Noront’s Canadian roots.

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[Luca Giacovazzi] Meet the Forrest young gun who shot down BHP – by Brad Thompson (Australian Financial Review – September 16, 2022)

https://www.afr.com/

Luca Giacovazzi is a rising star in the Andrew Forrest business empire and boss of Wyloo Metals which stared down BHP in the bidding war for green minerals deposits in Canada.

Wyloo Metals wunderkind Luca Giacovazzi has made a lot of money for Andrew Forrest since making his first big pitch to the iron ore billionaire, and he might end up costing BHP plenty.

Giacovazzi, then just 27, called his first presentation slide pack Nickel: Get its mojo back in what was a risky move given Forrest’s painful memories from his Anaconda Nickel venture.

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EV transition could add $48 billion to economy, but only ‘if Canada plays its cards right’ – by Gabriel Friedman (Financial Post – September 15, 2022)

https://financialpost.com/

Canada needs to invest wisely to ensure it adds valuable jobs in key supply chain areas, report says

The federal and provincial governments have committed billions of dollars in recent years to entice private-sector investments in an electric-vehicle supply chain in Canada, but a new report suggests that may just be the beginning of what’s needed to succeed.

Clean Energy Canada and the Trillium Network for Advanced Manufacturing, two think-tanks respectively based at Simon Fraser University in Vancouver and Western University in London, Ont., released a 28-page report this week that concludes the government needs to ramp up financial and policy support if Canada is to ever realize the full economic opportunities inherent in the transition to electric vehicles (EVs).

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Canada can build an electric vehicle industry worth $48B a year — but it must act now: report – by Don Pitts (CBC News Business – September 14, 2022)

https://www.cbc.ca/news/business/

Canada needs a strategy quickly in order to capitalize on payoffs in jobs and economic growth

As climate change shows its growing destructive power in floods and droughts worldwide, even strong advocates for the transition from using fossil fuels to battery-powered electric vehicles know EVs won’t be enough to fix the problem.

But as the North American auto show opens to glitz and fanfare, a new report from two reputable Canadian research groups says that Canada has a brief window to be a major player in transforming an industry worth hundreds of billions of dollars annually into something more climate friendly — and to make money doing it.

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Retrieving metals from the Ring of Fire through the value chain into battery vehicles has always been Noront Resources vision – by Kevin Vincent (Mining Life – September 6, 2022)

https://mininglifeonline.net/

There’s a heightened excitement about the Ring of Fire and the company in the center of the crosshairs is elevating its cautious optimism. That optimism is fueled by the Ontario government’s decision to appoint a Mines Minister, George Pirie, with a specific mandate to develop the Ring of Fire.

Ryan Weston, VP of Exploration at Wyloo Metals – the biggest player in the Ring of Fire, says the mandate is not a huge surprise. “Obviously, when you hear Doug Ford campaigning in this most recent election and talking a lot about the Ring of Fire and critical minerals, he wants to go from mines to electric vehicle batteries. He’s got two major investments coming on the battery production side that have been announced in the last six months. So, he wants the full spectrum of value there from mining.”

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Exploring the Hudson Bay Lowlands – by Chris Brackley (Canadian Geographic – August 19, 2022)

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Canadian Geographic’s cartographer explores the many facets of the Hudson Bay Lowlands, one of the world’s most significant wetlands

I first truly noticed the Hudson Bay Lowlands while I was creating a map that was focused on North America’s land cover. I was choosing colours for each land cover type — adding various greens for forests and yellows for cropland. But this time, instead of colouring wetlands green, I chose turquoise, a hue that reflected the space they occupy between aquatic and terrestrial environments.

A turquoise that really popped. And then: bam! It appeared. A massive swath of wetlands in northern Ontario, Quebec and Manitoba, the like of which exists nowhere else in North America. I had found the Hudson Bay Lowlands.

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Life on the line: Facing down governments and industry, this First Nation makes a promise: There’ll be no development in the Ring of Fire without its consent – by Logan Turner (CBC News Interactives – September 12, 2022)

https://www.cbc.ca/newsinteractives/

Clayton John Moonias reaches through a heavy morning fog to grab the net he set days earlier. As he lifts the line out of the water, Moonias flashes a knowing look to his son Landon, who’s seated up front, and pulls in the first of nearly a dozen Lake Sturgeon he’ll harvest that morning.

His family has fished these waters along the Attawapiskat River in remote northern Ontario for generations. For him and others from Neskantaga First Nation, the sturgeon are a way of life.

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Activist doesn’t want Treaty 9 eroded – by Nicole Stoffman (Timmins Daily Press – August 25, 2022)

https://www.timminspress.com/

Danny Metatawabin is calling on the chiefs of Treaty 9 territory to consult with their people before agreeing to any further resource development projects. He did not name any chiefs, but Postmedia has reported Chief Bruce Achneepineskum, of Marten Falls First Nation, is working with the province to build all-season roads to possible mining sites.

“I find that the people are being left out of the picture,” said the Omushkegowuk (Mushkegowuk) activist from Fort Albany, who arrived in Timmins on Tuesday. He has been walking 35 kilometres a day from Ottawa since Aug. 3.

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Ring of Fire Need for Critical Minerals Spurs Development – by Frank Giorno (Mining Life – August 23, 2022)

https://mininglifeonline.net/

With billions at stake and financial windfalls for First Nations communities within reach throughout Northern Ontario, the next four years will likely be the watershed era for the Ring of Fire.

The re-election of the Doug Ford government last June, elevated the Ring of Fire prominently as a major objective for Ford’s second term. Announcing his new Cabinet in late June 2022, Premier Ford reiterated his commitment to developing the Ring of Fire by bringing in his new cabinet ministers with the skills and experience to build the infrastructure necessary to unlock the full potential of Ontario’s economy and that includes highways, transit and the road to the Ring of Fire.

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Ontario’s New Mines Minister, George Pirie. Will he put a ring on it? – by Kevin Vincent (Mining Life – August 23, 2022)

https://mininglifeonline.net/

There are all kinds of ways to describe the task that Ontario’s new Mines Minister, George Pirie, has been handed by Premier Doug Ford. For argument’s sake, you could call it Ontario’s hot potato.

After a resounding win against an incumbent New Democrat MPP in Timmins in the 2022 provincial election, Pirie was instantly being touted as a potential cabinet minister.

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NEWS RELEASE: MATAWA CHIEFS’ COUNCIL CALL FOR ANISHINABEK GRAND CHIEF REG NIBANOBE TO RETRACT COMMENTS ENDORSING THE ACCELERATION OF ONTARIO’S ACCESS TO DEVELOPMENT OF THE NORTH (Matawa First Nations – August 11, 2022)

http://www.matawa.on.ca/

[Thunder Bay, ON] In response to a CBC article published on August 10, 2022 titled ‘Ring of Fire development possible with proper First Nations consultation, says grand council chief,’ that included comments by the Anishinabek Nation Grand Chief Reg Niganobe on the future development of the Ring of Fire located in the Matawa member First Nations homelands and traditional territory–the Matawa Chiefs Council issued the following statement:

“It is highly unusual and improper for a Grand Chief to make comments related to the land, rights, interests and issues of other First Nations that are not within their own territory. Overreaching into the affairs of northern and remote First Nations, beyond their own treaty boundaries is highly inappropriate and irregular.

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Ring of Fire development possible with proper First Nations consultation, says grand council chief – by Jonathan Migneault (CBC Sudbury – August 10, 2022)

https://www.cbc.ca/news/canada/sudbury/

Ford government throne speech highlighted critical minerals strategy as key part of economy

To develop the Ring of Fire and build more mines to extract critical minerals the Ontario government will need to consult with First Nations the “right way,” said the grand council chief of the Anishinabek Nation. “I think they can do it in the right way, and I think it can be done faster,” said Anishinabek Nation Grand Council Chief Reg Niganobe.

“They have a plethora of information on how they can do that in accordance with engaging First Nations and getting First Nations approval. But the first step is being able to do that. First Nations have their own way of seeking approval from their community.”

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Ontario’s new mines minister has a strong pedigree in mining – by Len Gillis (Sudbury.com – August 4, 2022)

https://www.sudbury.com/

George Pirie wants to create a legacy of consultations and cooperation with First Nations communities across the North

George Pirie, Ontario’s new minister of Mines, comes from a Northern Ontario family that has been part of the Porcupine mining camp for more than 100 years.

Although Pirie is a newbie at Queen’s Park as the newly elected MPP for Timmins, and a man with more than 35 years experience in the mining industry, he said he spent the past month learning the ropes of his ministry since his cabinet appointment on June 24. “I guess the learning curve has been like drinking from a firehose,” Pirie joked. “We’ll get there.”

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MEDIA RELEASE: MATAWA ANNUAL GENERAL MEETING 2022 – MATAWA CHIEFS COUNCIL SETTING A CLEAR PATH FORWARD ON ISSUES IMPACTING THEIR COMMUNITIES (August 2, 2022)

WEBEQUIE, ON: Following the dialogue and discussions of Chiefs and community delegations at the Matawa Annual General Meeting (AGM) 2022 held in Webequie First Nation last week—formal resolutions were adopted to: advance the process of developing a First Nations driven political process on mining in Ontario, reject NAN-COO-AFN processes moving forward without the consent of Indigenous rights holders and reject Métis assertions into the Matawa homelands and territories.

One of the most significant directions from the Matawa AGM is the rejection of the Nishnawbe Aski Nation (NAN) proposed Treaty Relationship discussions with Canada, the Chiefs of Ontario (COO) and Assembly of First Nations (AFN) proposed First Nations Economic Growth and Prosperity Tables, and the Government of Canada’s (Natural Resources Canada) National Benefit-Sharing Framework process most recently underway.

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Timmins’ George Pirie takes the helm as mines minister – by Ian Ross (Northern Ontario Business – August 3, 2022)

https://www.northernontariobusiness.com/

Expediting mine development in critical minerals and the Ring of Fire on the new minister’s radar

“We can’t be green if we’re not mining.” Ontario’s new mines minister, George Pirie, mentioned that phrase a handful of times during an interview this week in commenting on the desire of governments in Canada and globally to rapidly transition into net-zero emission economies over the next decade.

With major multi-billion-dollar investments being made into electric vehicle battery component plants in Windsor and Kingston, Pirie said mining is crucial to supply these facilities with the necessary raw materials to build these clean technologies. “None of this is gonna happen unless we mine the battery minerals, if we’re going to be successful.”

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