Canadian board recommends rejection of Baffinland bid to mine more iron ore

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Board chairperson Kaviq Kaluraq said in a letter that the proposal had “the potential to result in significant adverse ecosystemic effects on marine mammals and fish … and these effects could lead to associated significant adverse socio-economic effects on Inuit harvesting, culture, land use and food security.”

Baffinland CEO Brian Penney said: “We will be asking the federal government to consider all of the evidence and input and to approve the Phase 2 application with fair and reasonable conditions.”

Canada’s federal budget outlines more than C$3 billion for critical minerals, including digging new mines, signaling the importance of mining to the country’s future.

Baffinland has said the expansion would help meet rising global demand for iron ore, the mineral used to make steel, at a time when politicians across the Americas have been clamoring for more localized mineral supply in order to wean dependency off…

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