Frontier Lithium plans new lithium extraction process
Frontier Lithium, a Greater Sudbury-based junior mining company, will demonstrate a new extraction process for lithium by Ontario government’s investment of $363,000.
“We are investing in innovative mining and refining technology developed right here in northern Ontario,” said Greg Rickford, Minister, Energy, Northern Development and Mines. “Our government’s investment in Frontier Lithium strengthens the development of our Critical Minerals Strategy and our position to become the supplier, producer and manufacturer of choice for certain critical minerals. There’s a growing global market for reliable, responsibly sourced critical minerals, and we want Ontario to be the first jurisdiction on everybody’s mind.”
Frontier Lithium’s demonstration can lead to the establishment of a commercial-scale lithium chemical plant in northern Ontario, and potentially create 500 jobs during the two-year construction phase and over 150 jobs when the plant is operational. Mining and milling operations to sustain the plant would support another 100 jobs and provide regional supply chain security.
“This strategic investment strengthens Frontier Lithium’s ability to assess new and emerging technologies so that we can best deliver high-quality lithium battery materials while reducing waste and energy,” said Trevor Walker, President and CEO, Frontier Lithium. “The timely support of the Ontario government further reinforces our vision and value-proposition to build an integrated local mining and battery materials supplier for the electric vehicle industry from one of North America’s largest and highest-grade lithium resources.”
Funding for this project is delivered through the Northern Ontario Heritage Fund Corporation.