Alderon Iron Ore Corp. (original) (raw)
Alderon Iron Ore Corp. (formerly Alderon Resource Corp.) was focused on the exploration, development and mining of an iron ore property in the southern Labrador Trough geological belt in southwestern Newfoundland & Labrador, near the Quebec border.In 2010, Alderon Iron Ore acquired the rights to the Kamistiatusset ("Kami") property in the Labrador Trough. Alderon Iron Ore was a development-stage company advancing the Kami Project located in the Labrador Trough, Canada's premier iron ore mining district. Alderon had a proven management team with strong relationships and ties to the community and government, as well as a strategic partnership with HBIS Group, China's second largest steel producer. The Kami Project, owned 75% by Alderon and 25% by HBIS through The Kami Mine Limited Partnershi
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| dbo:abstract | Alderon Iron Ore Corp. (formerly Alderon Resource Corp.) was focused on the exploration, development and mining of an iron ore property in the southern Labrador Trough geological belt in southwestern Newfoundland & Labrador, near the Quebec border.In 2010, Alderon Iron Ore acquired the rights to the Kamistiatusset ("Kami") property in the Labrador Trough. Alderon Iron Ore was a development-stage company advancing the Kami Project located in the Labrador Trough, Canada's premier iron ore mining district. Alderon had a proven management team with strong relationships and ties to the community and government, as well as a strategic partnership with HBIS Group, China's second largest steel producer. The Kami Project, owned 75% by Alderon and 25% by HBIS through The Kami Mine Limited Partnership. The Kami Project was surrounded by three producing iron ore mines and was in close proximity to Québec NorthShore & Labrador (QNS&L). Kami wanted to produce a premium-quality iron-ore product, ideal for blending and China's clean air requirements. Alderon was developing the high-grade iron ore Kami Project to take advantage of improved iron-ore prices, reduced CAPEX requirements, and available infrastructure. In February 2017 Alderon released an updated Preliminary Economic Assessment on the Rose Deposit of the Kamistiatusset Iron Ore Property in Western Labrador. The PEA highlighted a net present value of US$1.377 billion and internal rate of return of 23.8%. Anticipated capital costs to develop the project were estimated at 987.5 million with an estimated mine life of 24 years. Alderon imploded in 2020. (en) |
| dbo:industry | dbr:Mining |
| dbo:keyPerson | dbr:CEO |
| dbo:location | dbr:Canada |
| dbo:product | dbr:Iron_ore |
| dbo:thumbnail | wiki-commons:Special:FilePath/Alderon_Logo.jpg?width=300 |
| dbo:wikiPageExternalLink | http://www.alderonironore.com/ http://www.alderonironore.com |
| dbo:wikiPageID | 36688666 (xsd:integer) |
| dbo:wikiPageLength | 4127 (xsd:nonNegativeInteger) |
| dbo:wikiPageRevisionID | 1074814914 (xsd:integer) |
| dbo:wikiPageWikiLink | dbr:Canada dbr:Quebec dbr:Net_present_value dbr:Internal_rate_of_return dbr:Montreal dbr:Labrador_Trough dbc:Companies_based_in_Montreal dbr:CEO dbr:Iron_ore dbc:Companies_formerly_listed_on_the_Toronto_Stock_Exchange dbc:Iron_ore_mining_companies_of_Canada dbc:Mining_in_Quebec dbr:Mining dbr:Newfoundland_&_Labrador |
| dbp:homepage | http://www.alderonironore.com/ |
| dbp:industry | Mining, Iron Production (en) |
| dbp:keyPeople | Mark Morabito, (en) Tayfun Eldem, (en) |
| dbp:location | dbr:Canada |
| dbp:locationCity | dbr:Quebec dbr:Montreal |
| dbp:logo | Alderon Logo.jpg (en) |
| dbp:name | Alderon Iron Ore Corp (en) |
| dbp:products | Iron ore, Iron concentrate (en) |
| dbp:type | Delisted (en) |
| dbp:wikiPageUsesTemplate | dbt:Canada-company-stub dbt:Infobox_company dbt:More_citations_needed dbt:Multiple_issues dbt:Notability dbt:Reflist dbt:TSX_was |
| dct:subject | dbc:Companies_based_in_Montreal dbc:Companies_formerly_listed_on_the_Toronto_Stock_Exchange dbc:Iron_ore_mining_companies_of_Canada dbc:Mining_in_Quebec |
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| rdfs:comment | Alderon Iron Ore Corp. (formerly Alderon Resource Corp.) was focused on the exploration, development and mining of an iron ore property in the southern Labrador Trough geological belt in southwestern Newfoundland & Labrador, near the Quebec border.In 2010, Alderon Iron Ore acquired the rights to the Kamistiatusset ("Kami") property in the Labrador Trough. Alderon Iron Ore was a development-stage company advancing the Kami Project located in the Labrador Trough, Canada's premier iron ore mining district. Alderon had a proven management team with strong relationships and ties to the community and government, as well as a strategic partnership with HBIS Group, China's second largest steel producer. The Kami Project, owned 75% by Alderon and 25% by HBIS through The Kami Mine Limited Partnershi (en) |
| rdfs:label | Alderon Iron Ore Corp. (en) |
| owl:sameAs | freebase:Alderon Iron Ore Corp. yago-res:Alderon Iron Ore Corp. wikidata:Alderon Iron Ore Corp. https://global.dbpedia.org/id/bp6y |
| prov:wasDerivedFrom | wikipedia-en:Alderon_Iron_Ore_Corp.?oldid=1074814914&ns=0 |
| foaf:depiction | wiki-commons:Special:FilePath/Alderon_Logo.jpg |
| foaf:homepage | http://www.alderonironore.com/ |
| foaf:isPrimaryTopicOf | wikipedia-en:Alderon_Iron_Ore_Corp. |
| foaf:name | Alderon Iron Ore Corp (en) |
| is dbo:wikiPageRedirects of | dbr:Alderon_Iron_Ore_Corp |
| is dbo:wikiPageWikiLink of | dbr:Alderon_Iron_Ore_Corp |
| is foaf:primaryTopic of | wikipedia-en:Alderon_Iron_Ore_Corp. |
