Finance Minister Peter Bethlenfalvy says the province will be looking for help in Tuesday’s federal budget to mine and process critical minerals used in electric vehicle batteries.
Including those to be manufactured at a new St. Thomas plant starting in 2027. Bethlenfalvy says he wants the federal government to match the province’s one-billion-dollar commitment to develop the Ring of Fire in northern Ontario, said to be rich in critical minerals.
Mining the minerals used in electric vehicle batteries is essential for the province’s ambitious goal to build an end-to-end E-V industry.
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