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MetalQuest Mining Selects AtkinsRealis to Conduct a Gap Analysis for the Lac Otelnuk Iron Ore Project
(TheNewswire) June 25th, 2025 – TheNewswire - Rockport, Ontario –...
About this update from Metalquest Mining Inc
[{"type":"text","content":"MetalQuest Mining Selects AtkinsRealis to Conduct a Gap Analysis for the Lac Otelnuk Iron Ore Project\n\n\n (TheNewswire)\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n June 25th, 2025 –\n \n\n TheNewswire -\n \n\n Rockport, Ontario\n \n\n –\nFurther to our press release date April 15, 2025 MetalQuest Mining\nInc. (TSXV: MQM) (“MetalQuest” or the “Company”) is pleased to\nannounce that, following a competitive evaluation process involving\nseveral top-tier engineering firms, the Company has selected\nAtkinsRéalis as the lead engineering firm to work with MQM to\ncomplete the next phase of work on the Lac Otelnuk Iron Ore Project,\nlocated in Nunavik, Northern Québec.\n \n\n\n\n About AtkinsRéalis and the\nGo-Forward Plan\n \n\n\n\n AtkinsRéalis, a world-class engineering services and\nnuclear company with extensive experience in large-scale mining and\ninfrastructure development, has been awarded the mandate to lead a\ncomprehensive Gap Analysis of the historic 2015 Feasibility Study\n(“FS”) for the Lac Otelnuk Iron Ore Project. This foundational\nwork will identify areas requiring updates to align the FS with\ncurrent market dynamics, regulatory frameworks, engineering best\npractices, and environmental standards.\n \n\n\n\n Previous project owners invested approximately $120\nmillion in resource delineation and the original FS. MQM intends to\nbuild on this substantial technical foundation through a\ncost-effective and targeted approach. By commissioning a series of\nfocused technical reviews and mini-studies, the Company aims to chart\na clear and modern development pathway for the future development of\nLac Otelnuk, one that supports the production of high-purity DR-grade\npellets and/or Hot Briquetted Iron (HBI) in line with global demand\nfor low-emissions steelmaking feedstocks.\n \n\n\n\n Chairman and CEO Harry Barr\nstates\n \n\n , “We are pleased to work with\nAtkinsRéalis, whose technical depth and northern project experience\nmake them an ideal partner for this next phase of Lac Otelnuk. Their\nmandate will begin with a detailed Gap Analysis, identifying what\nworkstreams need to be updated or expanded from the previous studies.\nThis is not just about cost—it’s about vision, innovation, and\nlong-term alignment.\n \n\n We want ...