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Investment Opportunity: Fuel Peat

Fuel peat is a sustainable resource and consists of the decomposing plant material found under layers of Sphagnum moss. Northern Ontarios harvest potential is estimated at more than 8.5 million dry tonnes per year, which comprises nearly 27% of the nation's total peat resources. The Greenstone region is estimated to contain 1.9 billion cubic metres of peat, located in deposits that are 2 metres deep, plus an additional 1.9 billion cubic metres in more shallow concentrations.

Image of Fuel Peat

Photo Courtesy of Peat Resources Ltd.

 

For further information on fuel peat in the Greenstone region, please review the following document (click on the image to review):

Peat - A Viable Energy Source for the Greenstone Region


Please contact Economic Development Office to learn more about this investment opportunity.