August 03, 2012

Genesee & Wyoming to build and operate Quebec iron-ore line

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GENESEE & Wyoming and a new subsidiary, KeRail, have signed a contract with Tata Steel Minerals Canada to transport 3.8 million tonnes of iron-ore per year from a new mine near Schefferville, Quebec.

As part of the agreement, KeRail will build and operate a 21km line that will connect the mine to the Tshiuetin Rail Transportation (TSH) yard in Schefferville.

The block trains of iron ore, destined primarily for export to Tata steel mills in Europe, will travel south over the TSH and the Quebec North Shore & Labrador Railway to reach the port of Sept-Iles, a distance of 594km from the mine.

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