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Alderon Iron Ore’s Environmental Impact Guidelines Released

Investing News Network
Feb. 29, 2012 03:20PM PST
Base Metals Investing

Alderon Iron Ore Corp. (TSX:ADV,OTCQX:ALDFF) announced draft environmental impact statement guidelines have been issued by the local government for public review.

Alderon Iron Ore Corp. (TSX:ADV,OTCQX:ALDFF) announced draft environmental impact statement guidelines have been issued by the local government for public review.

As quoted in the press release:

In conjunction with the issuance of these draft guidelines, Alderon will be holding public information sessions on the Kami Project in March 2012. These sessions will mark another important milestone as the Company works to educate stakeholders on the development, and to deal with any issues or concerns the community may have going forward.

Alderon’s President and CEO, Tayfun Eldem said:

The joint Federal and Provincial Environment Assessment process marks an important milestone for the Kami Project, as it allows for and encourages public input. We look forward to working through this process and hearing directly from our stakeholders. We want to ensure that interested parties have a full understanding of our project and our commitment to ensuring fair and meaningful benefits in the environmentally responsible development of this resource. This ultimately includes the expected creation of approximately 600 jobs over two phases of our project, with the potential to create approximately 1,200 jobs indirectly for local service and support groups. Alderon also expects to make a significant investment in the Labrador trough, which will signal its commitment to this region and its people.

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

otcqx:aldff tsx:adv labrador trough alderon iron ore corp
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