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    Alderon Iron’s Deep Water Dock On Time

    Investing News Network
    Oct. 30, 2012 01:04PM PST
    Base Metals Investing

    Alderon Iron Ore Corp. (TSX:ADV,NYSE:AXX) announced work on the new multi-user deep water dock at the Port of Sept-Îles, Quebec is expected to be done by the end of March 2014.

    Alderon Iron Ore Corp. (TSX:ADV,NYSE:AXX) announced work on the new multi-user deep water dock at the Port of Sept-Îles, Quebec is expected to be done by the end of March 2014.

    As quoted in the press release:

    The first phase of the program is now complete and included dredging in order to allow for the loading of large capesize vessels. This work was carried out by Ocean Group Inc., the recognized leader in integrated marine services throughout Eastern Canada.

    Construction of the dock commenced during the first week of October and is being carried out by Pomerleau Inc., the largest construction company in Quebec. The driving of the first piles is planned for mid-November.

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

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