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The Iron Ore Company of Canada is investing $79 million to develop the Wabush 3 mining pit near Labrador City, Newfoundland and Labrador, to boost production capacity to 23 million tonnes by the second half of 2018.
“The Iron Ore Company of Canada is moving forward with a $79 million expansion project at its sprawling iron mine outside Labrador City, N.L.”canadianmanufacturing.com
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