Uncategorized
Share this news article...
Share on LinkedIn
Linkedin
Share on Facebook
Facebook
Tweet about this on Twitter
Twitter
Share on Google+
Google+
Email this to someone
email

Canadian Metals Secures Favourable Power Agreement with Quebec Government

 

 

 

 

 

Canadian Metals Inc. (CSE:CME) (CSE:CME.CN) (CNSX:CME) is pleased to announce that it has received a favorable notice from the Department of Energy and Natural Resources. This notice confirms the granting of a 120 megawatt block from Hydro-Québec to the industrial rate (L), which will be made available to Les Métaux Canadiens for its silicon alloy plant in Baie-Comeau.

 

 

With this energy, Canadian Metals will be able to supply its silicon alloys plant with hydroelectric power, having that, Canadian metals will be one of the silicon alloys producer with the lowest greenhouse gas (GHG) emissions on the market.

 

 

Following that, the Company confirm the demand to Hydro-Québec to get the discount rate for Economic development (TDE).

 

 

“Once again, we would like to thank the Quebec government for the power bloc,” said Hubert Vallée, CME’s President & CEO. “The hydroelectric supply for all of our silicon alloys plant will make the Langis project one of the most environmentally responsible silicon alloys project in the industry.”

 

 

About Canadian Metals

 

 

Canadian Metals is focused on the development of its Langis project, a high-purity silica deposit located in the province of Quebec. The Company is rapidly positioning itself as a supplier of high purity silica and silicon alloy in North America. Silicon based materials can be formulated to provide a broad range of products from more durable, faster building materials with smarter electronic devices, solar panels and more efficient wind turbines. We expect to become a global supplier for a number of industries and applications but without limitation: glass, ceramics, lighting, oil and gas, paint, plastic and rubber. We also want to become an integrated supplier to metallurgical industries including foundries, and participate in a wide range of civil, industrial, environmental and related applications. These target markets are an integral part of the lives of millions of people every day.

 

Posted September 12, 2017

Share this news article...
Share on LinkedIn
Linkedin
Share on Facebook
Facebook
Tweet about this on Twitter
Twitter
Share on Google+
Google+
Email this to someone
email

MORE or "UNCATEGORIZED"


South32 to Acquire Arizona Mining in Agreed All Cash Offer

South32 Limited (ASX:S32) (JSE:S32) (LSE:S32) (ADR:SOUHY) and Ari... READ MORE

June 18, 2018

Bonterra to Acquire Metanor, Expanding Strategic Position in Urban Barry Camp and De-risking Potential Path to Production

Bonterra Resources Inc. (TSX-V:BTR) (US:BONXF) (FSE:9BR1) and Metanor Re... READ MORE

June 18, 2018

Copper Fox Announces the Closing of Private Placement

Copper Fox Metals Inc. (TSX-V:CUU) (OTC:CPFXF) is pleased to announce th... READ MORE

June 18, 2018

Kintavar Announces Second Closing of $3.8M

Kintavar Exploration Inc. (TSX-V:KTR) (FRANKFURT:58V), is pleased... READ MORE

June 18, 2018

RNC Announces Withdrawal of US$12 million from Dumont Joint Venture

RNC Minerals (TSX: RNX) announces that in lieu of the previously ... READ MORE

June 18, 2018

Copyright 2018 The Prospector News - Site design by Spyderbaby Productions