GREY:CPMNF - Post by User
Post by
clmclmon Feb 13, 2012 8:23pm
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Post# 19528589
Chinamax in Sept-Iles ///A proposed 220 million U.
Chinamax in Sept-Iles ///A proposed 220 million U. 1 US $ = 1 Cnd $
A proposed 220 million U.S. dollars.
The project involves the installation of two ship loaders and two conveyor lines for loading boats with a capacity of 400,000 tons as Chinamax. A new bulk terminal for transshipment of iron ore will also be constructed.
Work will be launched in the spring and must be executed before 31 March 2014 for the federal program.Construction of new facilities will create 1,000 jobs over two years. Subsequently, the service of the port authority will employ 200 people.