Arianne Phosphate secures more hydroelectric power for Quebec mine Lac à Paul

Mining group Arianne Phosphate Inc (OTCMKTS:DRRSF) (TSX-V:DAN) has secured an agreement with the Quebec government for an additional power bloc to support its Lac à Paul phosphate mine.

An extra power bloc of 14 megawatts (MW) from Hydro-Quebec will be made available to the mine’s ore processing facilities, increasing its total to 129MW.

“With this additional power bloc, Arianne will be able to supply all of its processing facilities with hydroelectric power, making it the apatite concentrate producer with the lowest greenhouse gas (GHG) emissions on the market,” the company said in a statement.

The power will be used for the electric dryer on apatite concentrate. The technology of the dryer prevents about 86,000 metric tonnes per year of co2 emissions.  

Arianne said the agreement also have a positive economic impact on the Lac à Paul project, based in Quebec’s Saguenay-Lac-Saint-Jean region.

Story by ProactiveInvestors

We encourage you to Share our Reports, Analyses, Breaking News and Videos. Simply Click your Favorite Social Media Button and Share.

• $VPOR News – NewGen Concepts, Inc., formerly Vapor Group, Inc., VPOR, Reports First Production Run of 20,000 Units of Easy Grinder(TM) Is Sold Out
• Publishing what governments earn in natural resource income, is much more powerful than “publish what you pay” rules
• How do you tax land deemed “junk space”?
• ‘We’re really bringing this project along’ says Asiamet’s Steve Hughes
• Copper exploration group Asiamet Resources highlights the wider potential of main Indonesia project
• Fed Minutes Doesn’t Deflate Dow
• Tesla boss hints at possible capital raise later this year
• Estate agent Purplebricks raises £50mln as it takes the brand Stateside
• Iplayco’s Max Liszkowski looking ahead to a ‘very good’ financial year
• Copper eploration group Asiamet Resources highlights the wider potential of main Indonesia project