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The company that wants to build an iron-ore processing plant in northern New Brunswick is exploring whether it can get a break from the federal carbon tax if the project goes ahead. Maritime Iron
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Today, the company produces 60% of its iron ore using natural moisture processing. Of the remaining 30% of production using wet processing, 16% will have filtered and dry-stacked tailings, it said. By this point, only 14% will continue using the conventional method, with wet concentration and tailings disposal in dams or deactivated extraction sites, compared with 40% of current production.
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2020/8/6· On Aug. 4, a tonne of 62% iron ore on the Platts Iron Ore Index (IODEX) reached US$118, up US$1.65 from the previous day’s close, while coking coal remained unchanged at US$118.50 per tonne. The two commodities reached a 99.6% spot price parity, compared to iron ore averaging 57% of the coking coal price for the past decade, Platts reported.
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Firm Expands Iron Ore Processing Plant in Minnesota Jun 07, 2019 Investing about $100 million in the project, Cleveland-Cliffs installed new production equipment and conveying systems in the facility, upgraded the site’s concentrator building, and added a new scavenger building, a limestone tank, and steam generating plant.
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