Houston iron-ore project, Canada
Name of the Project
Houston iron-ore project.
Location
Labrador, in Quebec, Canada.
Project Owner/s
Labrador Iron Mines Holdings.
Project Description
The Houston deposits, together with the Malcolm deposit, are estimated to contain a combined current measured and indicated resource of 40.6-million tonnes grading 57.6% iron.
Proposed is the development of four openpits developed sequentially to produce an average of two-million tonnes a year of direct shipping iron-ore (lump and sinter).
Potential Job Creation
Not stated.
Net Present Value/Internal Rate of Return
Not stated.
Capital Expenditure
Not stated.
Planned Start/End Date
Not stated.
Latest Developments
A preliminary economic assessment on the project is expected to be completed before the end of 2020.
Key Contracts, Suppliers and Consultants
None stated.
Contact Details for Project Information
Labrador Iron Mines Holdings, tel +1 64728 4117.
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