Category A projects under consideration: Marathon Palladium Copper Project to Ontario, Canada
In compliance with OECD agreements, Finnvera releases details about Category A projects, such as project name, location, project description, and information on where to access additional materials (e.g., ESIA report or summary), no later than 30 calendar days before a final commitment to grant official support.
Finnvera also conducts Environmental and Social due diligence of the project and welcomes any additional information and comments.
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Name of project: Marathon Palladium Copper Project
Description of project: Generation PGM Inc. plans to develop an open-pit palladium mine located about 10 km from Marathon, Ontario. The project includes three open pits, an ore processing plant, tailings and waste rock facilities, access roads, a transmission line, explosives facilities, water management systems, and supporting infrastructure. Planned production is approximately 25,000 tonnes of ore per day, with an estimated mine life of around 13 years.
Location and country of project: Northwestern Ontario (10 km from Marathon, Ontario), Canada
Environmental and social classification: A
Source of environmental and/or social impact information: The mining project has undergone federal and provincial environmental assessment and permitting processes, through which a comprehensive assessment of environmental and social impacts has been carried out, including impacts on and consultation with Indigenous Peoples.
Canadian impact assessment registry
Environmental and social impact assessment documents for Canadian authorities provided by Generation Mining
Date of publication: 18 June 2026
