Baffinland is owned 50 % by ArcelorMittal and 50 % by Nunavut Iron Ore (NIO), with ArcelorMittal remaining as the Project operator.
Baffinland’s Head Office is located in Oakville, Ontario, Canada.
In addition to its Head Office, Baffinland maintains a year-round presence at its sites at Milne Inlet and at the larger Mary River site, both of which are currently undergoing the construction phase in the development of the Mary River mine. Baffinland also maintains a community liaison office in Iqaluit, as well as in Igloolik, Pond Inlet, Hall Beach, Clyde River, and Arctic Bay.
Baffinland’s engineering and environmental teams have a wealth of Arctic
development experience. Baffinland is also developing key partnerships with
companies who have specific northern experience.
Mary River Property
We are focused on the exploration and development of the Mary River Property, located in the Qikiqtani Region of Nunavut on Baffin Island. The Mary River Project consists of nine plus high-grade lump and fine iron ore deposits that can be mined, crushed and screened into saleable products. It is currently one of the largest mining developments planned in Canada, and one of the most significant developments ever planned above the Arctic Circle.
Wealth generating potential
The Mary River Project will contribute to the development of infrastructure, skills training, and employment and business opportunities for the people of Nunavut. The Project will also provide unprecedented increases in own-source revenues to the Government of Nunavut and to Inuit birthright corporations Nunavut Tunngavik Inc. (“NTI”) and the Qikiqtani Inuit Association (“QIA”). The development of the Project is consistent with the Nunavut Planning Commission’s broad planning principles, policies and goals, as well as the Nunavut Exploration and Mining Strategy. We are committed to preserving the environment, enriching the communities around us, and caring for the health and well-being of our employees, contractors, and the people around us.