Friday, June 11, 2010
IOC invites prospective suppliers to information sessions in St. John’s
(Canada) Labrador City, Sept-Iles, Montreal, June 14, 2010 -
The Iron Ore Company of Canada (IOC) is hosting three information sessions at the Sheraton Hotel in St. John’s on June 14th for suppliers and service providers. The sessions will cover requirements for becoming an IOC supplier, an update on IOC’s expansion plans, as well as information on recruitment.
“It is very important for IOC to source locally and that will remain our priority,” said Tim Gallant, IOC Procurement Manager. “Our expanding business will create more opportunities for suppliers and service providers. Currently there are key services in short supply and we are holding these sessions to encourage the province’s suppliers to consider opportunities in Western Labrador.”
The information sessions, designed to raise IOC’s profile and increase its pool of available resources, include representatives from IOC as well as Labrador West communities.
About IOC and its expansion plan
IOC’s Phase 1 expansion program, which was announced on May 6th, will require a US$401 million investment to increase annual concentrate capacity by 4 million tonnes to 22 million tonnes by 2012.
The expansion is expected to eventually generate a $500 million spend on materials and services, in addition to IOC’s normal operating expenditures.
The Iron Ore Company of Canada (IOC) is the largest manufacturer of iron ore pellets in Canada and its customer base covers North American, European and Asian steel producers. The Company operates a mine, concentrator and a pelletizing plant in Labrador City, Newfoundland and Labrador, as well as port facilities located in Sept-Îles (Quebec). It also operates a 418-kilometre railroad that links the mine to the port. IOC has approximately 1,900 employees and its major shareholder (RT equity 58.7%) and operator is the international mining group Rio Tinto, which has activities in more than 40 countries throughout the world.
About Rio Tinto
Rio Tinto is a leading international mining group headquartered in the UK, combining Rio Tinto plc, a London and NYSE listed company, and Rio Tinto Limited, which is listed on the Australian Securities Exchange.
Rio Tinto's business is finding, mining, and processing mineral resources. Major products are aluminium, copper, diamonds, energy (coal and uranium), gold, industrial minerals (borax, titanium dioxide, salt, talc) and iron ore. Activities span the world but are strongly represented in Australia and North America with significant businesses in South America, Asia, Europe and southern Africa.
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Source :
Mr. Michel Filion
Director, Communications and External Relations
1000, Sherbrooke West St., office 1920
Montreal (Quebec) H3A 3G4
Information: (514) 217-6253
The Iron Ore Company of Canada (IOC) is hosting three information sessions at the Sheraton Hotel in St. John’s on June 14th for suppliers and service providers. The sessions will cover requirements for becoming an IOC supplier, an update on IOC’s expansion plans, as well as information on recruitment.
“It is very important for IOC to source locally and that will remain our priority,” said Tim Gallant, IOC Procurement Manager. “Our expanding business will create more opportunities for suppliers and service providers. Currently there are key services in short supply and we are holding these sessions to encourage the province’s suppliers to consider opportunities in Western Labrador.”
The information sessions, designed to raise IOC’s profile and increase its pool of available resources, include representatives from IOC as well as Labrador West communities.
About IOC and its expansion plan
IOC’s Phase 1 expansion program, which was announced on May 6th, will require a US$401 million investment to increase annual concentrate capacity by 4 million tonnes to 22 million tonnes by 2012.
The expansion is expected to eventually generate a $500 million spend on materials and services, in addition to IOC’s normal operating expenditures.
The Iron Ore Company of Canada (IOC) is the largest manufacturer of iron ore pellets in Canada and its customer base covers North American, European and Asian steel producers. The Company operates a mine, concentrator and a pelletizing plant in Labrador City, Newfoundland and Labrador, as well as port facilities located in Sept-Îles (Quebec). It also operates a 418-kilometre railroad that links the mine to the port. IOC has approximately 1,900 employees and its major shareholder (RT equity 58.7%) and operator is the international mining group Rio Tinto, which has activities in more than 40 countries throughout the world.
About Rio Tinto
Rio Tinto is a leading international mining group headquartered in the UK, combining Rio Tinto plc, a London and NYSE listed company, and Rio Tinto Limited, which is listed on the Australian Securities Exchange.
Rio Tinto's business is finding, mining, and processing mineral resources. Major products are aluminium, copper, diamonds, energy (coal and uranium), gold, industrial minerals (borax, titanium dioxide, salt, talc) and iron ore. Activities span the world but are strongly represented in Australia and North America with significant businesses in South America, Asia, Europe and southern Africa.
- 30 -
Source :
Mr. Michel Filion
Director, Communications and External Relations
1000, Sherbrooke West St., office 1920
Montreal (Quebec) H3A 3G4
Information: (514) 217-6253