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Strategic Resources Advances Environmental Permit Amendment Process for Pellet Plant at Port Saguenay
Strategic Resources Advances Environmental Permit Amendment Process for Pellet Plant at Port Sagu...
About this update from Strategic Resources Inc.
[{"type":"text","content":"Strategic Resources Advances Environmental Permit Amendment Process for Pellet Plant at Port Saguenay\n\n\nStrategic Resources Advances Environmental Permit Amendment Process for Pellet Plant at Port Saguenay\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nPR Newswire\n\n\nMONTREAL, Feb. 25, 2026 /PRNewswire/ - Strategic Resources Inc. (TSXV: SR) (\"Strategic\" or the \"Company\") announces that it has advanced in the regulatory process to amend its existing environmental permits at Port Saguenay and has received questions from Québec's Ministry of the Environment (\"MELCC\" or \"the Ministry\") regarding its application to modify the Company's certificate of authorization to enable a 4‑million‑tonne‑per‑year iron ore pellet plant, as outlined in its March 2024 pre‑feasibility engineering study. As previously disclosed, Strategic has submitted all required environmental documentation and studies to the Ministry to support this amendment.\n\n\n\n\n\n\n\nStrategic Resources plans to construct its iron ore pellet plant at Port Saguenay to capitalize on Québec's low‑cost hydroelectric power and access to natural gas, which together with marine access to the Great Lakes and Atlantic seaborne markets, provides a competitive advantage over existing pellet plant sites in Canada.Management, together with its external environmental advisors, will now review the questions and prepare detailed responses to ensure compliance with the requirements of the Ministry. The Company intends that the proposed pellet plant meets or exceeds applicable environmental standards and incorporates leading environmental management and monitoring practices. The Company remains on schedule to complete the authorization modification and views receipt of the government's questions as a routine and constructive step in the review process.The government's review of the amendment is expected to take a few additional months, assuming all questions are thoroughly addressed by the Company and its advisors, and the Company's management team will conti...