After four years of consultations and deliberations, the Nunavut Impact Review Board (NIRB) rejected the miner’s request to more than double output to 12 million tonnes a year, to eventually reach 30 million tonnes annually.
Mary River, considered one of the world’s richest iron deposits, opened in 2015 and ships about six million tonnes of ore a year.
“We are disappointed by the Minister’s decision,” Baffinland CEO Brian Penney said in Thursday’s news release. “Our Phase 2 proposal was based on on years of in-depth study and detailed scientific analysis, we executed a new Inuit Certainty Agreement with the QIA, and we have had extensive consultations with, and made additional commitments to stakeholders post release of the NIRB recommendation in May.”
“The Minister’s decision has immediate and significant implications for the current MAry River operations and our workforce of 2,500 people,” Penney said….
