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Top Northern Ontario Business News

Algoma Steel CEO: Feds knew about plans for layoffs before giving $400M loan — REUTERS / FBi345

Canadian Economy · Canada

Algoma Steel CEO: Feds knew about plans for layoffs before giving $400M loan

57% Left coverage: 14 sources

The head of Algoma Steel says the federal government and Government of Ontario knew the company’s business plan included a re-tooling of its Sault Ste. Marie plant that would result in layoffs before they agreed to half a billion dollars in loan assistance to help the company weather the storm of U.S. tariffs. See the Story

Vale, Glencore Agree to $2B Joint Venture Copper Project

Sudbury, Ontario · Sudbury

Vale, Glencore Agree to $2B Joint Venture Copper Project

50% Center coverage: 10 sources

Vale Ltd. and Glencore have announced plans to work together to develop a brownfield copper project on adjacent properties in the Sudbury Basin.See the Story

Statement by the CEO of Rock Tech Lithium on the Launch of Ontario's $500 Million Critical Minerals Processing Fund (CMPF)

Ontario, Canada · Ontario

Statement by the CEO of Rock Tech Lithium on the Launch of Ontario's $500 Million Critical Minerals Processing Fund (CMPF)

As part of its plan to protect Ontario, the Ontario government has officially launched the $500 million Critical Minerals Processing Fund (CMPF), which will provide strategic financial support to pr. . .See the Story

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