Strategic Resources Submits Responses to Quebec's Environment Ministry, Advancing Port Saguenay Iron Ore Pellet Plant Project
Strategic Resources (SR.V) Tuesday said it submitted responses to the questions received from Quebec's Ministere de l'Environnement, de la Lutte contre les changements climatiques, de la Faune et des Parcs in connection with the proposed modification of the existing Certificate of Authorization for the company's metallurgical facility at Port Saguenay, which enables the development of a four-million tonnes per year iron ore pellet plant.The company received questions regarding the application from the ministry earlier this year. Strategic Resources said it also engaged in technical dialogue with the Innu Nations as part of its existing Development Agreements with the Innu and in keeping with the broader review process and the company's commitment to constructive engagement with regulators, First Nations communities and stakeholders."The submission of our responses is an important milestone in the environmental amendment process for the Port Saguenay pellet plant project, and we continue to anticipate a positive decision on the Certificate of Authorization amendment in the coming months," said chief executive Sean Cleary.Shares of the company closed down $0.02 at $0.28 on TSX Venture Exchange on Tuesday.
