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Mary River iron ore on Baffin Island, Nunavut.
Mary River iron ore on Baffin Island, Nunavut.
(Handout)

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Cliffs to idle Quebec iron ore plant

Struggling with high labour costs, Cliffs Natural Resources Inc. will close its iron ore pellet plant in Quebec by mid-year and shift its focus to production at the Bloom Lake project nearby.

The Wabush Pointe Noire pellet plant in Sept-Îles, Que., currently employs 165 people. But for months now, management has signalled that the costs from this operation were too high for their liking because the Wabush operation was running at a loss. In just one quarter last year, cash costs per tonne jumped 21 per cent, eating into the bottom line.