Highly prospective exploration company

Resource projects cover more than 1,713 km2 in three provinces at various stages, including the following: hematite magnetite iron formations, titaniferous magnetite & hematite, nickel/copper/PGM, chromite, Volcanogenic Massive and gold.

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Message: Coverage of recent BCMP trip to China.

https://youtu.be/tudCDx4je0E

 

French to English translation:

 

The 800 000 000$ steel mill project in Baie-Comeau is moving ahead. A delegation from Manicouagan has just returned from China where they visited a plant similar to the one planned in Solnor.

 

André Normandeau for more details:

 

“It was learned last fall that a steel mill plant could emerge in Baie-Comeau thanks to a new consortium of six partners, including a Chinese engineering firm. It is now time for the Manicouagan to visit China. Guy Simard from Manicouagan, François Corriveau from Baie-Comeau and Marcelle Ferland from the MRC were part of this delegation. They come back delighted after this economic mission,.”

 

Guy Simard will tell us more about it:

 

“We also met with BSIET senior management to make sure that we understand the nature of the project we were going to do in Baie-Comeau, and we wanted to visit the Hismelt factory in Molong to actually see if there are any constraints and if we could envision this project here on the territory of Baie-Comeau. All this allowed us to review all of the elements of this project.”

 

André Normandeau: “Last fall, at a press conference, the promoters explained that they intended to exploit the Nathalie field located a little further north of Baie-Comeau. The project on the drafting board plans to produce 300 000 tons of ilmenite per year and also the construction of a steel mill plant in the Baie-Comeau industrial park, from which will come a million tons of steel per year.

This project is valued at 800 000 000 $, which would create 300 direct jobs, with a new technology less polluting and the next environmental studies will dictate the project schedule.”

 

We can listen again to Guy Simard for more details:

 

“Above all, it is important to determine the construction period for all projects in Quebec and depending on this decision, I would say that it could be very fast, because all the engineering of the project is already done, So this is a question that we must first discuss with the people from the Ministry of the Environment, then the Ministry of the Economy among others.”

 

The promoters hope to start the export within 2 to 3 years.

 

André Normandeau, TVA nouvelles, Baie-Comeau.

 

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