NB Power is pulling out of a proposed joint project with Maritime Iron that would see a high-emissions iron processing plant built in the village of Belledune. Maritime Iron confirmed in a written statement that it was "surprised and disappointed" that the utility had withdrawn from talks on the proposal "despite continued positive progress that has already resolved most challenges to date." Maritime Iron had been hoping to start building the iron processing facility this year. The plan was to link the plant to NB Power's Belledune generating station, which would burn gas byproduct from the iron plant, allowing the utility to reduce its coal consumption. Maritime Iron's submission says the two facilities would emit a combined 4.9 million tons of greenhouse gases, almost double the 2.6 million tons Belledune now emits alone.

Source: CBC News June 05, 2020 18:04 UTC