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SNetwork Recent Storiesby ahnationtalk on September 14, 2015620 Views
September 13, 2015
Beaten down over the past few years by low iron ore prices, Canada’s Labrador Trough received a welcome boost on Friday with the announcement that the Wabush 3 open pit mine project has been released from environmental assessment, clearing the way for construction.
The project is an expansion of the existing Carol operation, which currently produces about 21 million tonnes of ore annually and has a payroll of around 2,000. The Labrador City operation produces concentrated iron ore and pellets (further processed), and transports these by train to the port of Sept-Îles on the Gulf of St. Lawrence for export.
Mine owner IOC recently implemented two phases of its Concentrate Expansion Project (CEP1 and CEP2) to upgrade and modernise its operations to increase production. CEP 1 (operational since August 2012) consisted of installing a new crusher and conveyor at Luce Pit and a new grinding mill at the concentrator, both of which increased iron concentrate production capacity from 18 to 22 million tonnes per year, according to a project page.
Read More: http://www.mining.com/wabush-3-jumps-environmental-hurdle/
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