The Critical Minerals Innovation Fund (CMIF) provides funding to projects that help strengthen Ontario’s critical minerals sector.
Rapidly changing technologies are increasing the global demand for critical minerals. These minerals have become important to strategic industries such as:
- clean technologies that will support a low-carbon future
- national defence
- emerging computer and telecommunications technologies
Objectives of the CMIF include:
- increasing critical minerals exploration, mining, development, production and processing
- stimulating investment in Ontario’s critical minerals supply chain
- enhancing collaboration between industry, academia, start-ups, and research and development firms to encourage innovation in the critical minerals sector
Key priority areas
The CMIF supports Ontario’s critical minerals sector through investments in projects related to one or more of the following key priority areas:
- battery supply chain
- innovative techniques for deep exploration and mining
- recovery of minerals
- other innovative projects that support the critical minerals sector
