A Unique & Differentiated Story
Strategically Located
Access to Major Markets
- Proximity to Key Markets
- US East Coast, Québec, New England,
Maritime Provinces
- US East Coast, Québec, New England,
- Competitive Edge
- Reduced transport time and costs
- Industry leading GHG emissions
Existing, Quality Infrastructure
- Trans-Canada Highway
- 3 km route to Trans-Canada hwy
- 3 km route to Trans-Canada hwy
- Integrated Oreflow Logistics
- Automated conveyance to the Port
- Automated conveyance to the Port
- Electrical Supply Proximity
- 1.4km to site, 66 kV line w/ capacity
- 1.4km to site, 66 kV line w/ capacity
- Dedicated Port Facility
- 2KM from Turf Point port
Innovative Design
Technological Innovations
- Continuous Miners and Truck Haulage
- Battery electric haulage
- Large-scale continuous miners
- State of the Art Mining Equipment
High performance, low emissions,
reduced ventilation requirementsIncorporates electric and battery electric unit
- Battery Electric by Design
- Mine design and production methods
are designed specifically for battery electric vehicles
- Mine design and production methods
Scalability Potential
- Adaptive Infrastructure
- Key infrastructure designed for 4.0 Mtpa
- Modular Expansion Capability
- 3 Continuous Miners, 7 Haul Trucks, 1 tertiary crusher
- Potential for 4.0 Mtpa by year 6 of commercial production
- Extensive Resource Advantage
- 868 Mt inferred resources, high potential to extend mine life
Sustainable Mining
Best-in-industry GHG Intensity
- GHG study completed by Stantec in January 2024
Highlights
- Direct Emissions (Scope 1)
- 79 t CO2e/yr
- Indirect Emissions (Scope 2)
- 2,293 t CO2e/yr
- New Benchmark
- Significantly lower GHG intensity vs. peers
- Comparable emissions to the annual carbon footprint expected from four Newfoundland families of four
- Innovative Practices
- Electric Fleet
- Extensive use of Battery Electric Vehicles (BEV)
- GHG Emission Intensity
- Approx. 950 t CO2e/Mt of production
- Expansion Case Potential
- 4.0 Mtpa Reduces GHG Intensity/Mt further
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