Iron Ore Co. of Canada (IOC);
Québec Cartier Mining Co. (QCM);
and Wabush Mines;
the three pure producers of iron ore in Canada;
are concentrating on ramping up activities on the expansion;
development;
and exploration front. The Carol Project Facility of IOC in Labrador includes a mine with 1.4 billion mt of known reserves;
a concentrator with capacity of 17 million mt/year;
and a pellet plant capable of transforming iron concentrate into 13 million mt/year of pellets. IOC is planning to overhaul its rail transport capacity along the 417 km railway between the mine and its deep water port. IOC will also modernize an existing pellet plant to give itself a further 4 to 4.5 mullion mt/year capacity and thereby maximizing value-addition;