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Recipient
Rio Tinto Fer et Titane Inc. (RTFT)Amount
$222.0M
Program
SIF Stream3- AttractionProvince
QCType
Other
Agreement Number
033-2023-2024-Q1-819662
Purpose
This project will increase RTFT's production of critical minerals that will go into products like electric vehicles and batteries. Their BlueSmelting initiative, a new technology for carbon-neutral ilmenite extraction, could generate 95% less GHG emission than their current process enabling the production of high-grade titanium dioxide feedstock, steel, and metal powders with a drastically reduced carbon footprint.
Rio Tinto Fer et Titane Inc. (RTFT) × Innovation, Science and Economic Development Canada
1 grants totalling $222.0M
SIF Stream3- Attraction
64 grants totalling $9.5B
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