New Fund's Goal Is to Have Minerals Mined in Ontario Processed Here

New fund's goal is to have minerals mined in Ontario processed here

Ontario mining companies looking to develop critical minerals projects can now turn to a massive provincial fund to help get their projects up and running.

Ontario Launches $500 Million Critical Minerals Processing Fund

ONTARIO-The Ontario government has officially launched a $500 million Critical Minerals Processing Fund (CMPF), which will provide financial support to projects that accelerate the province’s critical minerals processing capacity and strengthen domestic supply chains. First announced in the 2025 Budget, the CMPF will strengthen the province’s position as a global leader by ensuring critical minerals mined in Ontario are processed and refined in …

Ont. Government Launches $500M Critical Minerals Processing Fund

SUDBURY — The Ontario government has officially launched the $500 million Critical Minerals Processing Fund (CMPF), which will try to provide strategic financial support to projects that accelerate the province’s critical minerals processing capacity and strengthen domestic supply chains. “As global demand for critical minerals rises across leading industries, our government is meeting the moment by increasing Ontario’s domestic processing capac…