Baffinland says it's cleared to break ground on railway, port at Steensby Inlet
CBC
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.
More to come.
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