From The Maritime Executive
At a time when Canada is prioritizing development of Arctic infrastructure, a new port and railway project in Baffin Island has received construction approval. The project, Steensby Railway, is a critical component of expanding production in the Mary River iron ore mine in the northern Baffin Island. The iron ore mine is one of the most northern mines in the world. Notably, Mary River is known as the world’s highest-grade direct ship (run-of-mine) iron ore development.
Last week, the operator of the Mary River mine, Baffinland, announced that consultations with the local community of Inuit had been completed. The Inuit supported the issuance of key regulatory licenses required for the Steensby project to begin.