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:
DSO Project
TSMC is developing the Direct Shipping Ore (DSO) project which involves mining, crushing, washing, screening and shipping the sinter fines and pellet fines to Tata Steel's European steel making facilities.
Taconite Project
TSMC is also involved with New Millennium Iron Corp.(TSX: NML) in undertaking a Feasibility Study of the LabMag and KeMag iron ore deposits which form a part of the 150-km long Millennium Iron Range in northern Canada.
Latest news
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.
Jan, 2011: 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.
January 12, 2012: Camp Inaugurated: The first phase of the fully equipped camp was inaugurated on January 12 in the presence of the local dignitaries. The first meal prepared at the camp was also served at the camp cafeteria.
January 8, 2012: Food Establishment License received for the camp cafetaria. With this all the permits required for occupying the camp have been received.
January 7, 2012: Drinking water well commissioned: The pump for pulling the water out of the potable water well was started today. The flow rate was excellent and after running it for a few hours the well will be hooked up to the water treatment plant and to the rest of the camp.
November 15, 2011: Site levelling of the plant site started. The unique feature of the plant is that it will be enclosed inside an encapsulated dome structure to enable year-round operation of the plant.
November 11, 2011: Agreement signed with INNU Nation of Labrador. This marks a new chapter in the partnership in sharing the prosperity with the First Nations groups.
November 11, 2011: INNU Municipal LP appointed as the general construction contractor for the processing plant at Timmins. This marks a significant step in ensuring that construction work could be carried out as scheduled.