‹ Minerals

Chinese angle - iron

May 27, 2014

In the area north of 56 there are several iron ore mines being planned, one under construction. As the workshop of the world, China plays a huge role in the development (or not) of iron ore mines. Here’s the Chinese angle on iron ore.

Meanwhile in the north iron ore exploration, development and mining activity continues in earnest:


China’s importance in the world iron ore market cannot be over-emphasized. The downturn in economic activity in China may put a damper on developments. It remains to be seen to the extent this will happen.

Interestingly, the Nunavut projects are advancing quickly, the one in Greenland is slower while those in Quebec are lagging.