China’s increasing demand for steel is driving iron prices upwards and causing a new wave of iron exploration worldwide. Canada’s Labrador Trough has been identified as a very promising region, and currently more than 15 billion tonnes of iron ore are being explored in the Trough.
In 2011 alone, $15...
billion dollars was invested in the Canadian iron ore sector, and Provincial and Federal governments are also taking steps to support development. Quebec has announced an $80 billion dollar investment plan to develop the region, and the Federal government is helping to expand the Port of Sept-Iles, the largest iron ore port in North America.
With surging iron ore demand and Government support, the Labrador Trough is poised to become one of the world’s major iron ore producing regions.
Never miss a thing with our weekly newsletter. We'll send you the latest and greatest infographics, news and all things Visually.
Go ahead, you can always opt out anytime with just one click.
Copy the code below
Newsletters are boring. So we made ours visual. Subscribe now.
Tell your story visually before December 31st and get a free iPad Air!*
The holidays are a great time to tell your brand story. From Black Friday trends and Mobile Shopping guides to the Best and Worst Times to Book Travel and Thanksgiving etiquette, the Visually team will help you craft your brand's unique stories and raise your social profile during the noisy holiday season.