Strong Support from Quebec's Plan Nord
As a part of Plan Nord, the Government of Quebec acquired Cliffs Natural Resources’ terminal assets at Pointe-Noire, in the Port of Sept-Îles in March 2016, with the intent of developing a multi-user terminal handling facility. Alderon has capitalized on this opportunity by entering into an agreement with Sept-Îles Port Authority to allow Alderon to ship up to 8 million metric tonnes of iron ore annually via the year-round deep-water dock facility.
The Port of Sept-Îles is an international marine harbour where a $220M expansion project is underway at Pointe-Noire to construct a multi-user deep-water dock with an annual capacity of 50 million tonnes per year (Mtpa). The expansion will include two berths, ship loaders, and conveyor lines, committed exclusively to iron ore shipments. This expansion will allow for larger vessels to dock at the Port that have more shipping capacity. This will be the only dock on the entire east coast of North America that the Chinamax vessel will be able to use, due to the size of the ship.
The Pointe-Noire handling facility will help manage the product, with mining and processing facilities located in western Labrador. The terminal facility will be built for receiving, unloading, stockpiling and reclaiming concentrate for ship loading. The terminal facility will consist of a railcar unloading stub track, a single rotary car dumper, a concentrate storage yard with stacker-reclaimer and interconnecting conveyor systems. The facility has a capacity of up to 15 million tonnes, but the has the ability to scale up as needed by companies that have created partnerships for use. A long-range engineering study to increase the capacity to 100 million tonnes is currently underway.
Plan Nord Vision
The aim of the Plan Nord is to promote the potential for mining, energy, tourism, and social and cultural development in Québec north of the 49th degree of latitude. It will create jobs and wealth for northern communities and for Québec as a whole, while ensuring respect for the northern population and the environment. By harmonizing the economic, social and environmental aspects of the Plan Nord, the Québec government intends to make it a responsible, sustainable and unifying project for Québec society.
This information has been provided from and/or in collaboration with the Société ferroviaire et portuaire de Pointe-Noire, and Société du Plan Nords. For more information on Plan Nord, please visit their website at plannord.gouv.qc.ca.