Tag Archives: Sept Iles

Tacora puts Scully iron ore mine back on the map

Tacora Resources says it has made its first seaborne vessel shipment of iron ore concentrate produced at the Scully mine located in Wabush, Newfoundland and Labrador, Canada.

Last week, the MV RIO TAMARA departed the Port of Sept-Iles, Quebec, with a payload of 69,770 t (wet) of Tacora Premium Concentrate bound for a customer in Europe. The vessel was loaded at dock 30 of the Société ferroviaire et portuaire de Pointe-Noire (SFPPN), at the Port of Sept-Iles on Quebec’s north shore.

Tacora purchased substantially all the assets associated with the Scully mine on July 17, 2017. In the subsequent months, it completed a feasibility study that confirmed the viability of Tacora’s restart plans for the mine, secured life of mine access to rail transportation services and ship loading infrastructure, including access to a deep water port with SFPPN and the Port of Sept-Iles, and concluded various regulatory matters with the Government of Newfoundland and Labrador, including consultations with local indigenous peoples.

Larry Lehtinen, Executive Chairman and CEO, said: “We are very pleased to have the Scully Mine back in production producing a premium quality sinter feed for the global iron ore market containing in excess of 65.5% iron and less than 2% manganese, 3.0% silica with ultra-low levels of alumina and phosphorous.”

He added: “Congratulations to our teammates at the Scully Mine in Wabush, NL, who are off to a great start building a high-performance organisation based on innovation, variable compensation and productivity. We are grateful to all the stakeholders involved in the Scully Mine restart with a special thanks to our valued logistics partners at SFPPN, Quebec North Shore and Labrador Railroad and the Port of Sept-Iles.”