Québec Cartier Mining Company
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Québec Cartier Mining Company was one of the leading producers of
iron ore Iron ores are rocks and minerals from which metallic iron can be economically extracted. The ores are usually rich in iron oxides and vary in color from dark grey, bright yellow, or deep purple to rusty red. The iron is usually found in the ...
products in
North America North America is a continent in the Northern Hemisphere and almost entirely within the Western Hemisphere. It is bordered to the north by the Arctic Ocean, to the east by the Atlantic Ocean, to the southeast by South America and th ...
, now part of
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 ...
. The company was founded in the late 1950s by multiple Canadian and American investors, based in
Quebec Quebec ( ; )According to the Canadian government, ''Québec'' (with the acute accent) is the official name in Canadian French and ''Quebec'' (without the accent) is the province's official name in Canadian English is one of the thirte ...
,
Canada Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by to ...
. The first open pit mine was located in Lac-Jeanine, Quebec. The
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 Th ...
over the nearby
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 th ...
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 "Fire Lake" is a song written and recorded by the American musical artist Bob Seger. He had planned to record "Fire Lake" for his 1975 album '' Beautiful Loser'', but the track was not finished. The song had been partly written years before, in 1 ...
. In 1973, they started operating in
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 ...
, 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 falling market forced Québec Cartier to shut down its Fire Lake and Lac Jeannine plants in the mid 80's. The town of Gagnon was closed and its population moved to Fermont and Port-Cartier. Nearly insolvent in 2002 due to falling price of iron ore and increasing price of production, Québec Cartier's financial situation has since improved. Québec Cartier also owned
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 Québe ...
, one of the biggest private railways in Canada. Iron ore is sent from Fermont to Port-Cartier by train on a railway. The company owns about fifteen locomotives and about 500 open-deck cars.


New ownership

In 2007, Dofasco, the major shareholder of Québec Cartier, was bought by ArcelorMittal. This made Québec Cartier one of the leading mining facilities of the world biggest steel producer. On May 29, 2008, Francois Pelletier, president of Québec Cartier had a speech in front of his employees and press in Port-Cartier and Fermont to announce the renaming of Québec Cartier to Arcelor Mittal Mines of Canada. Pelletier said in his speech: "After 51 years of existence, Québec Cartier, proud of its heritage, now look at the future under its new name, with its new family with optimism."


References

Compagnie minière Québec Cartier. (1976). La Compagnie minière Québec Cartier = Quebec Cartier Mining Company. ort-Cartier? La Compagnie. (Worldcat link

Companies based in Quebec Iron ore mining companies of Canada ArcelorMittal Canadian subsidiaries of foreign companies {{Canada-company-stub