Industrial Minerals


Quebec government set to finance expansion of asbestos mine

10 July 2012


Mine Jeffrey’s chrysotile to target India, Indonesia markets; has a 20 year life

Keywords: Mine Jeffrey, chrysotile, asbestos, Quebec, Canada, cement

By MJ Deschamps

 

Operations at Canada’s largest open-pit asbestos mine will be re-starting shortly, with exports of chrysotile set to begin within a year, following the signing of a financing agreement between the Québec government and a consortium of shareholders.

 

Mine Jeffrey’s Canadian dollar C$83m ($81.45m) financing agreement to restart operations – which includes a...