Welcome to Tata Steel Minerals Canada Limited
Tata Steel Minerals Canada Limited (TSMC) is a joint venture established in October 2010 by Tata Steel Ltd. and New Millennium Iron Corp.(TSX: NML). Tata Steel owns 80% and NML owns 20% stake in the company. TSMC is part of Tata Steel Group of companies which is a Fortune 500 company and is among the top 10 producers of steel in the world. Tata Steel group has over 80,000 employees spread over 5 continents. TSMC is developing iron ore deposits in Quebec and Newfoundland & Labrador in Canada.
TSMC is currently engaged in two main activities:
Latest News
March 13, 2013:
Approval from Department of Natural Resources, Government of Newfoundland and Labrador: TSMC is pleased to announce the receipt of the approval from the Department of Natural Resources, Government of Newfoundland and Labrador pertaining to the development and closure plan for DSO – Fleming 7N, Process Plant and Rail Loop.
December 14, 2012:
Today an important milestone in the construction of the plant was achieved. All 38 trusses of the dome were erected successfully overcoming many difficulties including weather. The momentum continues with the effort now directed towards the dome end walls and foundations for main process plant.
November 3, 2012:
Tata Steel Minerals Canada and New Millennium Iron have been recognized with the “Miner of the Year Award” by the Canadian Institute of Mining, Minerals and Petroleum (CIM), Newfoundland and Labrador on 3rd Nov 2012 in St John’s. The Award was received by Mr. Rajesh Sharma, CEO & Managing Director of Tata Steel Minerals Canada Limited, Mr. Bob Martin, founder and former president of New Millennium Iron and Mr. Lee Nichols, Chairman of New Millennium Iron. This award is in recognition and acknowledgement of significant strides made by the company and also commencing production in a new iron ore mine in Labrador in 2012.
more...August 8, 2012:
TSMC entered into a long-term agreement with Genesee & Wyoming Inc. and its newly formed subsidiary, KéRail Inc. to provide rail transportation services to haul up to 4.2 million tonnes of product per annum to the Tshiuetin Rail Transportation interchange near Schefferville. In addition, KéRail will construct an approximately 21 km long rail link from the mine yard to the TSH interchange.
July 18, 2012:
TSMC invests $12.8 million in a deep water dock with the Port of Sept-Îles for DSO Project. Construction is expected to be completed by the end of March 2014. As a result of this investment, TSMC will receive favourable shipping rates at the dock facility.
June 14, 2012:
The dome erection started on June 14. The dome is steel structure with fabric roof covering with a span of 106 meters. The structure consists of 38 arches and first phase will take about a month to erect.
March 17, 2012:
The first ship containing the trusses and other components of the dome sailed from the US coast to the site. This marks a significant milestone towards the construction of the dome which will encapsulate the process plant at site.
February 9, 2012:
An Impact and Benefit Agreement (IBA) was signed between Tata Steel Minerals Canada (TSMC) and Innu Takuaikan Uashat mak Mani Utenam (ITUM) of Sept-Iles, Quebec. The IBA establishes the processes and sharing of benefits that will ensure an ongoing positive relationship between these parties.
January, 2012: Tata Steel Minerals Canada (TSMC) has entered into a life of mine confidential rail transportation contract and locomotive rental agreement with Quebec North Shore and Labrador Railway Company Inc. (QNS&L) for the transportation of iron ore products produced from the DSO Project from Emeril Junction, Newfoundland and Labrador (NL) to Arnaud Junction in Sept-Iles, Quebec.