FEDERAL INVESTMENT AIMS TO MODERNISE QUEBEC IRON ORE PORT
February 1st, 2012
BY LEAH GERMAIN, IN EDMONTON
CANADA'S smaller iron ore producers stand to benefit from the recent announcement by the Canadian federal government to fund modernisations at an important shipping port in northern Quebec. A project to improve the Port of Sept-Îles will do ahead with a Canadian dollar CAD55 million public investment, matching similar investments from the port authority in a CAD220million expansion project. This involves building a new deep-water dock equipped with two ship loaders and two conveyor lines, designed to meet current global shipping ...
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