Daily Commercial News and Construction Record that there are several projects slated this year that will support several different mining and base metal industries.
The story is quoted as saying:
Potential iron ore mines in northern Quebec are generating excitement. One example is the Mary River property partly owned by ArcelorMittal. While the extracted product will probably be shipped to Europe for steelmaking, it is the surge in demand from China and other emerging nations that is causing record high prices for all manner of metals and minerals.