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$143,000 for Nordic Minesteel Technologies Inc

March 4, 2024

Province investing in mining supply companies through NOHFC

NORTH BAY – While at the Prospectors and Developers Association of Canada (PDAC) conference today, Vic Fedeli, MPP for Nipissing announced that the Ontario government is investing $143,000 to Nordic Minesteel Technologies Inc, a North Bay-based solution design company for manufacturing in the mining sector, to develop and test a device that makes the hoisting of persons in mine shafts safer and more economical.

“Companies like Nordic Minesteel Technologies in North Bay are making important contributions to our province’s mining industry and maximizing the potential of the critical mineral wealth found in the North,” said MPP Vic Fedeli. “Through the NOHFC, our government is creating the conditions for job creation, attracting new investments and driving economic development across Northern Ontario.”

MPP Fedeli @ PDAC 2024 announcing NOHFC Funding
MPP Fedeli @ PDAC 2024 announcing NOHFC Funding

“Nordic Minesteel Technologies continues to innovate safe and effective solutions for the challenges that our mining clients face in their operations. NOHFC’s financial support helps us grow our team and remain competitive while we address the needs of our clients and provide long term solutions for the industry. Thank you NOHFC, for your ongoing support and the confidence you have shown in our company.” – Ronald Elliott, President and Chief Executive Officer, Nordic Minesteel Technologies Inc.

Quick Fact

  • The Ontario government launched new and improved NOHFC programs that support more projects in rural northern communities and make it easier for more people and businesses to apply. The programs target existing and emerging markets, provide more work opportunities for Indigenous people and address the skilled labour shortage in the North.

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