ARCELORMITTAL MINES CANADA
CANADA
Job creation in Canada is another benefit of the expansion . Over 8,000 jobs were created during the construction of the project and another 600 permanent jobs have been implemented since the completion of the expansion .
Investments To get the project rolling ArcelorMittal has invested significantly to the tune of $ 1.6 billion , including an array of new equipment and technology to expand the production rate and increase efficiency .
“ We purchased new equipment ; hired additional people ; increased our processing capacity ; added another large line , increased our capacity for concentrate by 50 percent , and put in a new processing mill and more spirals ,”
Wood continues , “ We also purchased 13 Caterpillar 797 400 ton trucks to assist in moving larger volumes in less time .”
The 400 ton trucks are equipped with an 18-step staircase to reach the driver ’ s cabin with each truck being utilized to transport crude iron ore to a breaker where it will undergo its first transformation .
According to Wood , part of the expansion also included investing in its rail line to streamline production . The company railway transports iron ore concentrate from Mont-Wright to Port-Cartier and is renowned throughout the North American rail industry for its reliability and innovation .
“ We also wanted to amplify the capacity of our rail line so we purchased more locomotives and cars , extended some siding that
“ It ’ s pretty phenomenal to get those rates right after an expansion project . It ’ s an exciting time in terms of expansion and maximizing benefit of our investment ”
– Steve Wood , President of ArcelorMittal Mines Canada
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