Company aims to expand the production and processing of lithium, help build out end-to-end battery supply chain in Canada
TORONTO, March 4, 2025 /CNW/ – Innovation, Science and Economic Development Canada
Worldwide demand for critical minerals is expected to double by 2040, and Canada is uniquely positioned to be a global leader and supply this growing market: we are abundant in many critical minerals and have the workers, businesses and communities with the know-how to scale up the processing and manufacturing of products and the mining and recycling of these minerals. Since the launch of Canada’s first-ever Critical Minerals Strategy in 2023, the government has made historic investments and removed barriers to get good mines and processing facilities built faster, without compromising the environment and Indigenous rights.
Today, the Honourable Jonathan Wilkinson, Minister of Energy and Natural Resources, on behalf of the Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry, announced that Canada is working with Frontier Lithium to support their proposal to develop and operate a lithium chemicals conversion facility in Thunder Bay, Ontario, as well as operate the Lithium Demonstration and Innovation Centre.
Frontier Lithium’s multi-hundred-million-dollar PAK Lithium Project is the first fully integrated lithium development initiative in Canada. It supports the Government of Canada’s goal of developing Canadian end-to-end supply chains for critical minerals in the face of an increasingly uncertain world. Frontier’s proposed project aligns with Canada’s priority of supporting the domestic production of critical minerals, including one of the six priority minerals identified in the Canadian Critical Minerals Strategy. Lithium is necessary for the …