Ongoing projects

SOCIÉTÉ INTERNATIONALE MÉTALLIQUE (SIM)

Project description

Société Internationale Métallique intends to establish a direct iron reduction plant that will be producing up to 2 million tons a year of hot briquetted iron (HBI), which is in high demand in the steel-making market in USA and all over the world.

Project status

Market development and engineering

Investissement

1,2 billion dollars

Obtention des permis environnementaux

To be determined - The environmental impact assessment has been handed to the government in march 2017.

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STOLT LNGAZ

Project description

Stolt LNGaz wants to implement a natural gas liquefaction plant in Bécancour as well as ship loading terminal. The natural gas liquefaction would aim to replace fuel-oil and diesel in North American and International markets.

Project status

Market development and engineering steps.

Investment

600 million dollars

Environmental permits

Obtained in August 2015

Website

http://www.slngaz.com/en/home

Latest news

http://www.slngaz.com/en/Blog

IFFCO CANADA

Project description

IFFCO Canada wants to implement a plant producing urea-based nitrogen fertilizers in Bécancour with a production capacity of 1.6 million metric tons for North American and International markets. 

Project status

Paused due to market conditions

Investment

2 billion dollars

Environmental permits

Obtained in March 2014

Website 

http://iffcocan.com/?lang=en

Latest news

http://iffcocan.com/?page_id=1930&lang=en

MINÉRAUX RARES QUEST

Project description

Minéraux Rares Quest wishes to establish in Bécancour a plant to separate and purify rare minerals extracted at Strange Lake in Northern  Quebec, near Labrador. The purified rare minerals would be used in the fabrication of high technology devices, such as electric vehicles and windmills

Project status

Environmental studies and financing steps

Investment

600 million dollars

Environmental permits

In progress

Website

http://www.questrareminerals.com/

Latest news

http://www.questrareminerals.com/news.php