Ring of Fire (Northern Ontario)

The Ring of Fire is a vast, mineral-rich region located in the remote James Bay Lowlands of Northern Ontario, Canada. Spanning approximately 5,000 square kilometres (1,900 sq mi), the area is rich in chromite, nickel, copper, platinum group elements, gold, zinc, and other valuable minerals. Discovered in the early 21st century, the Ring of Fire is considered one of the most significant mineral deposits in Canada, with the potential to greatly impact the nation's economy and global mining industry. The development of this region has been a subject of ongoing debate, as stakeholders weigh the economic benefits against environmental concerns and the rights of Indigenous communities in the area. Despite these challenges, the Ring of Fire had remained a focal point for the Canadian mining sector and government, as well as international investors. By July 2023, the federal and provincial governments were no longer in agreement on priorities for federal funding of the Ring of Fire. Georgia Lake lithium project, KGHM's Victoria mine proposal and the Onaping Depth nickel project—which will produce minerals required for the low carbon economy—had become higher priorities, particularly as the Ring of Fire project is situated in a region of "vast, environmentally sensitive...peatlands".^[1]