Baffinland is a Canadian mining company and operator of the Mary River Mine site on Baffin Island, Nunavut, Canada, one of the northernmost mines in the world.
It has among the richest iron ore deposits ever discovered, consisting of nine-plus high-grade iron ore deposits that can be mined, crushed, and screened into marketable products. The Mary River Project is currently permitted to extract and ship up to 6 Mt of iron ore per year to international markets from the port site in Milne Inlet. To effectively compete in the international iron ore markets, Baffinland has begun the approvals process to expand Project operations. The proposed Phase 2 Expansion Project involves constructing a railway from the Mary River Mine Site to the Port Site, adding a second ore dock at the Port, and increasing production to 12 Mt per year along the northern transportation corridor. Documents related to the proposed Expansion Project including formal submissions, community consultation materials and FAQs will be posted here as the Approvals process progresses.
Website: https://www.baffinland.com/
Sector: Industrials