IRON ORE: Baffinland sets shipping record of 4.1M tonnes over 75 days

NUNAVUT – Baffinland Iron Mines Corp. of Oakville, Ont., has set a seasonal shipping record of approximately 4.1 million tonnes of iron ore from its Milne Inlet port to markets in Germany, the United Kingdom, and Japan. Over 75 days, 56 Panamax vessels were deployed, each carrying an average of 72,600 tonnes.

Baffinland’s Mary River iron mine is one of the most northerly in the world. (Credit: Baffinland Iron Mines)
Baffinland owns and operates the Mary River direct shipping iron mine near Pond Inlet n the Qikiqtani region. The project area covers at least nine high grade deposits and a total of 249.5 million proven and probable reserves. Thus far, the company has focused on mining the No.1 deposit.

Brian Penney, president and CEO of Baffinland acknowledged all those who made the record possible: “I also want to thank all of our partners involved in making this program a success, including our shipping partners, ice management experts, the Canadian Coast Guard, and the continued support of the North Baffin communities, in particular Pond Inlet, and the Qikiqtani Inuit Association.”

Please visit www.Baffinland.com for additional information.