Quebec govt and miners to undertake Labrador Trough rail feasibility
TORONTO (miningweekly.com) – The Quebec government has formed a partnership with mining companies Champion Iron and Lac Otelnuk Mining to undertake a feasibility study for the construction of a multi-user railway, linking the Port of Sept-Îles with the Labrador Trough, a 1 600-km-long geological belt rich in iron-ore deposits.
The government and the mining companies had established a special-purpose entity, the Northern Quebec Railway Partnership (SFNQ), to carry out the study, which was expected to cost up to C$20-million. The SFNQ would be open to other mining companies to join.
The Quebec government would partially fund the study through its 2014/15 budget, which was announced in June.
The rail line would probably be built in phases, but no start-up date target had been provided for the project.
The Canadian National Railway company (CN) last year shelved the feasibility study for the construction of its proposed C$5-billion railway line and terminal handling facility to serve the Quebec/Labrador iron-ore range, owing to adverse market realities, which forced project developers to defer expected project start-ups.
The feasibility study was started in August 2012 by CN and its partner La Caisse de dépôt et placement du Québec (the Caisse), along with a group of six mining companies.
A review of the project, together with the mining companies, had, however, indicated that mine construction schedules and diverging needs for each specific project would make it difficult to obtain the critical volumes of iron-ore necessary to support the building of new rail and terminal infrastructure by CN.
Comments
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
Yale Lifting Solutions is a leading supplier of lifting and material handling equipment in Southern Africa. Yale offers a wide range of quality...
VISIT SHOWROOM
SBS® Tanks is a leading provider of innovative water security solutions with offices in Southern Africa, East and West Africa, the USA and an...
VISIT SHOWROOM
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
