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Hydrothermal Graphite Deposit Ammenable for Commercial Graphene Applications

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Message: Albany Mine ... Government assessment

http://www.hearst.ca/wp-content/uploads/2017/01/161216-Regional-Assessment-Report-FINAL-reduced.pdf

According to page 3, it seems this report was prepared sometime after Sept. 28, 2016.

The following can be found on page 37...

The Albany Graphite project is expected to produce 30,000 tonnes of graphite per year with a mine life of at least 22 years. It is anticipated to provide 500-600 jobs during construction and 300 during operations. It requires a 115kV power line, 5km access road, and connection to the natural gas TransCanada Mainline. This new infrastructure has an estimated cost of $70 million out of a total estimated capital cost of $703 million for the mining project.

Long read, but it seems the government is completely behind economic development in Northern Ontario.

 

 

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