Ring of Fire road announced as officially back on track – Daily Commercial News
Aug 24, 2017
An agreement is in place to build a potentially half-billion-dollar road to riches in Ontario’s far north.
The Ring of Fire is a vast deposit of minerals including chromium, platinum, palladium and nickel that is expected to yield some $60 billion over its life cycle. But what is needed most is a road to connect the remote deposits to allow equipment to roll in and ore deposits to be transported south for processing.
Now, six years after then Ontario Premier Dalton McGuinty announced he was creating a special secretariat to prioritize and fast-track the Ring of Fire, his successor Premier Kathleen Wynne, has announced a deal has been struck to fund road construction proposals for the Ring of Fire.
This is not just any road, however. The Ring of Fire is some 280 kilometres from the tiny burg of MacLeod on Highway 11, which is 272 kilometres from Thunder Bay.
