Port of Sept Îles to get deep-water dock
Wednesday, 22 February 2012 | 16:30
The Port of Sept Îles, almost 1,000 kilometres northeast of Montreal, is planning a major expansion project that will allow it to handle super-iron ore carriers with a capacity of 300,000 tonnes or more by 2015.
The expansion will simplify the current process: the ore moves from stockpile on shore to a shiploader or conveyor system that deposits the ore into a smaller self-unloading vessel. Finally, the ore is reloaded from the smaller vessel into the 300,000 tonner’s holds in Sept Îles Bay, where the water depth is much greater, and on to Asia.
Now, the federal government says it will invest $55 million or more in a new multi-user deep-water dock located in Sept Îles Bay where up to 80 metres of water is available This dock will allow direct one-step loading of the largest ore carriers, saving turnaround time and many other costs.
The massive semi-circular Sept Îles Bay is 10 kilometres across. The year-round Port of Sept Îles is already North America’s leading iron ore port and expects to handle 34 million tonnes or more in 2012.
“Construction of the deepwater dock is critical for our future development plans,” said Mark Morabito, Alderon’s executive chairman.
“We plan to work with the Port to ensure all the agreements and infrastructure are in place in time for initial beneficiated iron ore production in 2015.”
Alderon is developing the flagship Kami and three other iron ore properties in Quebec-Labrador. A full feasibility study is due for completion this year and construction starts in 2013. Annual capacity could eventually hit 16 million tonnes and investment several billion dollars.
Source: Montreal Gazette
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