Strategic Resources Advances Environmental Permit Process for Iron Ore Pellet Plant, Canada
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Strategic Resources has advanced the regulatory process to amend its existing environmental permits at Port Saguenay and has received questions from Québec’s Ministry of the Environment (MELCC)) regarding its application to modify the company’s certificate of authorization to enable a four‑million‑tonne‑per‑year iron ore pellet plant. Strategic has submitted all required environmental documentation and studies to the Ministry to support this amendment.
Strategic Resources plans to construct its iron ore pellet plant at Port Saguenay to capitalize on Québec’s low‑cost hydroelectric power and access to natural gas, which together with marine access to the Great Lakes and Atlantic seaborne markets, provides a competitive advantage over existing pellet plant sites in Canada.
Management, together with its external environmental advisors, will now review the questions and prepare detailed responses to ensure compliance with the requirements of the ministry. The company said the proposed pellet plant meets or exceeds applicable environmental standards and incorporates leading environmental management and monitoring practices. The company remains on schedule to complete the authorization modification and views receipt of the government’s questions as a routine and constructive step in the review process.
Construction of the multi-user electric pipe conveyor system at Port Saguenay is nearing completion, with commissioning planned for the spring and 100 percent of conveyor modules already installed. The conveyor has been designed to transport numerous products; notably direct reduction grade iron ore concentrate to Strategic’s future iron ore pellet plant and will facilitate the export of iron ore pellets to the company’s off-taker and marketing partner.
Strategic Resources is a critical mineral development company focused on vanadium, high-purity iron and titanium; metals needed to decarbonize the global economy. Their main projects are the construction-ready BlackRock Project in Quebec and the previously operated Mustavaara mine in Finland. Phase 1 of the BlackRock Project envisages a 4 million tonne per year high-purity iron ore pelletizer at Port Saguenay, Quebec with full access to the St. Lawrence Seaway. The company’s Head Office is in Montreal, Québec.
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