The Millennium Iron Range Project
CIM Montreal 2007
Robert A. Martin, Bish Chanda,
LabMag Iron Ore Project is located in Labrador, near Schefferville. The property contains 3.6 billion tonnes of proven and probable reserves. With a planned annual production capacity of 15 million tonnes, it is currently the world's largest pellet project in development. A pre-feasibility study has been completed and the company has embarked on a feasibility study. Forming a strategic partnership with potential consumers to finance the project, planned for completion in 2011, is now the greatest challenge that lie ahead. The project's development plan will be described.
New Iron Ore Project, Canadian iron ore project, Pelletizing Project