Alderon Iron Ore Receives Ministerial Approval for Environmental Plans

Alderon Iron Ore Corp. (TSX:ADV,NYSE MKT:AXX) announced that  an affiliate of Alderon, the Kami Mine Limited Partnership has received Ministerial approval for a general environmental protection plan, a valued ecosystem component environmental protection plan and an environmental effects monitoring plan. These plans meet three conditions required under a release from provincial environmental assessment before commencement of construction at the Kami Iron Ore Project.

Alderon had to submit these plans to the Newfoundland and Labrador Minister of Environment and Conservation and receive Ministerial approval prior to start of construction. A Provincial Government interdepartmental review of the submitted Plans was completed in accordance with the Environmental Protection Act and it was determined that the Plans are acceptable and are therefore approved for the construction phase of the Kami Project.

Alderon CEO, Tayfun Eldem, said:

We continue to work on several fronts to get ready for the start of construction planned for later this year. “The Province continues to strongly support our Kami Project and we look forward to a continued positive working relationship.

Click here to read the Alderon Iron Ore Corp. (TSX:ADV) press release