ArcelorMittal’s Baffin Island iron ore plan moves forward

Sep 20, 2012 | 10:45 AM | Stacy Irish

Tags  Baffin Island, Baffinland Iron Mines, Baffinland, ArcelorMittal, Iron Ore Holdings, Qikiqtani Region, Nunavut, Stacy Irish

NEW YORK — ArcelorMittal SA’s North Baffin Island iron ore joint venture has moved a step forward after receiving a key approval.

Toronto-based Baffinland Iron Mines Corp. received confirmation on Sept. 14 that the Nunavut Impact Review Board issued its report to the Federal Minster of Aboriginal Affairs and Northern Development Canada (AANDC) indicating that the Mary River project could proceed to the permitting phase. The project consists....





Latest Pricing Trends

Poll

Do you think steel mills will succeed in their efforts to stop selling at a discount to the CRU index?

Yes
No
It’s too early to tell


View previous results

AMM Events


Quote

This whole thing is becoming a game of smoke.

Midwest service center