Québec Cartier Mining Company
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Québec Cartier Mining Company
Québec Cartier Mining Company was one of the leading producers of iron ore products in North America, now part of ArcelorMittal. The company was founded in the late 1950s by multiple Canadian and American investors, based in Quebec, Canada. The first open pit mine was located in Lac-Jeanine, Quebec. The Hart-Jaune Dam over the nearby Hart Jaune River supplied power. The company then built the town of Gagnon, in 1963 to accommodate workers and families. Eighteen years later, the company extended its operations seventy miles north to Fire Lake. In 1973, they started operating in Mont Wright, Quebec, where they created the town of Fermont. At their Mont Wright plant, the company operates an open pit mine and a crusher/concentrator facility capable of producing eighteen million metric tonnes of iron ore concentrates annually. The company also operates a pellet plant with an annual production capacity of some nine million metric tonnes of iron ore pellets at Port-Cartier. The f ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Fire Lake, Quebec
Fire Lake (french: Lac Fire) is a lake in the Côte-Nord region of Quebec, Canada. It was the location of a major open pit mining operation in the 1970s and 1980s. Operations were then suspended for twenty years, but ArcelorMittal resumed extraction in 2006. Location Fire Lake is long and wide. It is about north of Port-Cartier, Quebec, a port on the Gulf of Saint Lawrence. It is southeast of Fermont. It is in the unorganized territory of Rivière-Mouchalagane in the Caniapiscau Regional County Municipality. The lake is just west of Quebec Route 389 and the Cartier Railway. Fire Lake was named by the Québec Cartier Mining Company in the 1950s, when thr company was prospecting the lake shore. The surrounding land is generally boggy. Lac Bergeron is to the north of Fire Lake, Lac Hope to the east, and Lac Hobdad to the west. The region is drained by the Petite rivière Manicouagan. Mining operation The Québec Cartier Mining Company opened the Lake Jeannine iron mine to the ...
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Companies Based In Quebec
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Dofasco
ArcelorMittal Dofasco is a steel company based in Hamilton, Ontario, Canada. Dofasco is a standalone subsidiary of ArcelorMittal, the world's largest integrated steel producer. History Clifton and Frank A. Sherman founded Dominion Foundries and Steel in 1912, creating a giant that would bring prosperity and identity to the city of Hamilton, Ontario. Dofasco was incorporated as Dominion Steel Castings Company Limited in 1912, becoming Dominion Foundries and Steel Company in 1917. Sherman Mine opened in 1968 and closed in 1990. Its longtime nickname "Dofasco" was adopted as its legal name in 1980. Frank H. Sherman (Frank A.'s son) introduced to Dofasco and North America in 1954 the method of steel production known as basic oxygen steelmaking (BOS), thus rendering former processes obsolete because, with respect to them, the same quantity of steel from a BOS process is manufactured in one-twelfth the time. Basic oxygen steelmaking is superior to previous steelmaking methods because t ...
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Cartier Railway
The Cartier Railway (formerly CFC and QCM) is a privately owned railway that operates of track in the Canadian province of Québec. It is operated by the Cartier Railway Company, a wholly owned subsidiary of Arcelor Mittal, formerly Québec Cartier Mining Company. The railway connects the company's huge iron ore mine at Mont-Wright in Northeastern Québec with the company's processing plant and port at Port-Cartier, formerly Shelter Bay, which is located on the northern banks of the St. Lawrence River. The Cartier Railway has 26 locomotives, over 950 ore cars, 300 utility cars, and various other pieces of maintenance equipment. The railway, along with other Northeastern Québec railways, including the Tshiuetin Rail Transportation line, the Quebec North Shore and Labrador Railway and the Arnaud Railway is completely isolated from any other railway network in North America. Although the other railways connect to each other, they do not have any direct connections to t ...
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Port-Cartier, Quebec
Port-Cartier is a city in the Côte-Nord region of Quebec, Canada. It is located on the north shore of the Saint Lawrence River at the mouth of the Aux-Rochers River, exactly southwest of Sept-Îles, Quebec. Port-Cartier had a population of 6,651 at the 2011 Canadian census. It has a land area of , ranking 27th in area among all Canadian cities and towns. Besides Port-Cartier itself, the communities of Rivière-Pentecôte () and Pointe-aux-Anglais are also within its municipal boundaries, all located along Quebec Route 138. History In 1915, Colonel Robert R. McCormick, owner of the Chicago Tribune, visited the Rochers River area to evaluate its forest potential. Soon after, a settlement was established on the west side of the mouth of this river, originally called Shelter Bay.
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Fermont, Quebec
Fermont () is a town in northeastern Quebec, Canada, near the Quebec-Labrador border about from Labrador City on Route 389, which connects to the Trans-Labrador Highway (Newfoundland and Labrador Route 500). It is the seat of the Regional County Municipality of Caniapiscau. Fermont (French contraction of "''Fer Mont''", meaning "Iron Mountain") was founded as a company town in the early 1970s to exploit rich iron ore deposits from Mont Wright, which is about to the west. The town is notable for the huge self-contained structure containing apartments, stores, schools, bars, a hotel, restaurants, a supermarket and swimming pool which shelters a community of smaller apartment buildings and homes on its leeward side. Popularly known as The Wall (''Le Mur''), the structure was designed to be a windscreen to the rest of the town. It permits residents (other than mine workers) to never leave the building during the long winter, which usually lasts about seven months. The town, de ...
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Mont Wright, Quebec
Mont Wright was a mountain in Fermont, Quebec, a site of major iron ore mining operations since the 1970s by Québec Cartier Mining Company. It is located in Caniapiscau Regional County Municipality. Mont Wright itself does not exist anymore; it is now a deep pit. Today's production of Québec Cartier ore comes from nearby Mont Survie and Paul's Peek mountain. Wright Wright is an occupational surname originating in England. The term 'Wright' comes from the circa 700 AD Old English word 'wryhta' or 'wyrhta', meaning worker or shaper of wood. Later it became any occupational worker (for example, a shipwright i ... Mines in Quebec Landforms of Côte-Nord Iron mines in Canada Surface mines in Canada {{Quebec-geo-stub ...
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Gagnon, Quebec
Gagnon, Quebec is a ghost town on Barbel Lake, formerly a mining town, in the Côte-Nord region of Quebec, Canada. Formerly a city, it was dissolved and annexed to the unorganized territory of Rivière-Mouchalagane on May 31, 1991. History Gagnon was founded by the Québec Cartier Mining Company for the purposes of mining iron ore at Jeannine Lake. In the winter of 1957, the first plane arrived, bringing materials to build a pilot plant. By August of that year, the plant had processed a thousand tons of ore. On January 28, 1960, it was incorporated as ''Ville de Gagnon'' and named after Onésime Gagnon, the first Minister of Mining in Quebec. In the summer of 1960, a large forest fire came within of the town, prompting the evacuation of women and children. Thereafter it rapidly grew to 1300 inhabitants by the end of that year, and at its peak, Gagnon had more than 4000 residents. It had an airport, churches, schools, a town hall, an arena, a hospital, and a large commercial centr ...
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ArcelorMittal
ArcelorMittal S.A. is a Luxembourgian multinational steel manufacturing corporation headquartered in Luxembourg City. It was formed in 2006 from the takeover and merger of Arcelor by Indian-owned Mittal Steel. ArcelorMittal is the second largest steel producer in the world, with an annual crude steel production of 88 million metric tonnes . It is ranked 197th in the 2022 Fortune Global 500 ranking of the world's largest corporations. It employs directly and indirectly 200,000 people and its market capital is $25 billion. The total value of company assets is estimated to be around $100 billion. Products and activities The company is involved in research and development, mining, and steel. ArcelorMittal in 2016 produced around 90 million tons of steel. As of May 2017, the company made 200 unique steel grades for automotive purposes, half of which were introduced since 2007. Among the steel varieties are Usibor 2000, which the company announced in June 2016 and released later th ...
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Hart Jaune River
The Hart Jaune River (french: Rivière Hart Jaune) is a river in Quebec, Canada. It flows from the Petit lac Manicouagan to the Manicouagan Reservoir. Location The Hart Jaune River is in the unorganized territory of Rivière-Mouchalagane in the Caniapiscau Regional County Municipality. It forms the outlet of the Petit lac Manicouagan at the Hart-Jaune Dam, which feeds the 45.5 MW Hart-Jaune generating station. The river flows southwest to the Manicouagan Reservoir. It is about long, and has a vertical drop of . The sources of the water are in the Uapishka Biodiversity Reserve, which also feeds the Toulnustouc and Manicouagan rivers. The Hart Jaune is one of the major inlets to the Manicouagan Reservoir, along with the Mouchalagane, Seignelay, Themines and Petite Riviere Manicouagan. The reservoir is drained by the Manicouagan River. Quebec Route 389 from Baie-Comeau to Labrador City crosses the river at Km 375 over a small wooden one-way bridge. In February 2017 ...
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Hart-Jaune Dam
The Hart-Jaune Dam (french: Barrage de la Hart-Jaune) is a dam in Quebec, Canada. It crosses the Hart Jaune River where it leaves the Petit lac Manicouagan. It regulates the flow of water to the 45.5 MW Hart-Jaune generating station. Location The Hart-Jaune Dam is in the unorganized territory of Rivière-Mouchalagane in Caniapiscau Regional County Municipality. Below the dam the Hart Jaune River flows through Lac Uishaukaniss and through a secondary dam into the power plant's reservoir. It enters the Hart-Jaune generating station at the southwest end of the reservoir. The dam is crossed by the Cartier Railway, which runs along the south shore of Petit lac Manicouagan. An access road leads from Quebec Route 389 up the river to the lower dam, and continues to the upper dam on the lake. The road is kept open year-round. History The dam and power plant have their origin on 26 January 1957 when the Québec Cartier Mining Company was created by U.S. Steel to supply iron ore concen ...
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