Nu­natukavut and Tata Steel Min­er­als Canada reach agree­ment

The Labradorian - - EDITORIAL - BY ASH­LEY FITZ­PATRICK

Tata Steel Min­er­als Canada has signed a “co- op­er­a­tion agree­ment” with the Nu­natuKavut Com­mu­nity Coun­cil in re­la­tion to the com­pany’s di­rect ship­ping ore pro­ject in Labrador West.

Tata Steel Min­er­als Canada is a joint ven­ture of Tata Steel (with 80 per cent in­ter­est) and New Mil­len­nium Iron Corp. ( 20 per cent).

Ac­cord­ing to a state­ment is­sued by Nu­natuKavut: “the agree­ment cov­ers en­vi­ron­men­tal pro­tec­tion, em­ploy­ment, busi­ness op­por­tu­ni­ties in­clud­ing fi­nan­cial ben­e­fits. It also com­mits Tata Steel Min­er­als Canada to make ev­ery rea­son­able ef­fort to en­sure that con­trac­tors hired to work on the pro­ject also com­ply with the agree­ment where war­ranted.”

The two par­ties have been in ne­go­ti­a­tions for “many months” prior to the agree­ment be­ing reached, the state­ment notes.

“We are very happy to sign this agree­ment with Nu­natuKavut Com­mu­nity Coun­cil which at­tests our de­sire to con­tinue build­ing pos­i­tive re­la­tions with the com­mu­ni­ties,” Ra­jesh Sharma, CEO of Tata Steel Min­er­als Canada states, in the news re­lease.

“This is in line with Tata Group’s phi­los­o­phy of con­sid­er­ing the com­mu­nity as an in­te­gral part of its busi­ness. The sign­ing of this agree­ment is an im­por­tant mile­stone in the jour­ney of Tata Steel Min­er­als Canada.”

The com­pany reached an agree­ment with IOC ear­lier this year, wherein that com­pany's mar­ket­ing arm will take on sale of Tata’s di­rect ship­ping ore ma­te­rial, al­low­ing ship­ments to be­gin this year.

As The Tele­gram re­ported in June, the Nu­natuKavut Com­mu­nity Coun­cil al­ready has a “part­ner­ship agree­ment” with Alderon Iron Ore.

That agree­ment de­tails in­ter­ac­tion be­tween the com­pany and the abo­rig­i­nal group as Alderon’s Kami min­ing pro­ject moves for­ward. It also an agree­ment the abo­rig­i­nal group not try to shut the pro­ject down.

“Com­pa­nies know they have to deal with our real con­cerns,” said Todd Rus­sell, pres­i­dent of the Nu­natuKavut Com­mu­nity Coun­cil, on the lat­est deal.

“This is an­other in­di­ca­tion that we can do so in an air of mu­tual re­spect,” he said. “It’s about build­ing right re­la­tion­ships, and this agree­ment will work to achieve just that.”

The Nu­natuKavut Com­mu­nity Coun­cil, cen­tred in south­ern Labrador, does not have a rec­og­nized land claim.

afitz­patrick@thetele­gram.com

Todd Rus­sell, pres­i­dent of the Nu­natuKavut Com­mu­nity Coun­cil

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