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Quebec iron ore mine gets $500-million investment
Posted
June 29, 2026
Views
5,601
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57
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June 29, 2026
5,601
57
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2:05Now PlayingA Quebec iron ore mine is getting a $500-million private investment in a project to strengthen the country’s steel supply chain. Industry Minister Mélanie Joly says the investment will support jobs and diversify trade beyond the U.S.
CORRECTION (June 30, 2026): A previous version of this upload included a title and anchor intro incorrectly stating Ottawa invested $500 million in a Quebec ore mine. In fact, the private investment was made by Minerai de fer Québec, a wholly owned subsidiary of Champion.
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