Baffinland says it’s cleared to break ground on railway, port at Steensby Inlet
Mining company says it’s received all ‘key regulatory authorizations’
Baffinland Iron Mines says it can move forward with construction of the Steensby component of its Mary River iron ore mine on Baffin Island, after receiving “all relevant authorizations.”
The project would allow the company to ship more iron ore from its existing Mary River mine, by building a railway south to a proposed port at Steensby Inlet.
In a news release Thursday, the mining company noted “the completion of Inuit consultations supporting the issuance of all key regulatory authorizations required to begin construction” of Steensby.
The Mary River mine sits on northern Baffin Island, about 175 kilometres from Pond Inlet.
Baffinland said construction is expected to begin later in 2026, depending on financing and construction agreements.
It said it’s aiming for “substantial” completion in three more years.
Related stories from around the North :
Canada: Federal gov’t, Saskatchewan swipe sale of N.W.T. rare earth metals from Chinese buyer, CBC News
Finland: Miners hunting for metals to battery cars threaten Finland’s Sámi reindeer herders’ homeland
Greenland: Greenland’s leader hails EU as trusted friend and urges investment in its minerals, The Associated Press
Sweden: Just how significant is the discovery of rare earth metals in Arctic Sweden?
United States: ConocoPhillips’ plans for 4 new Arctic wells unaffected by toppled rig, company says, Alaska Public Media
