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11/19/2024
Quadra Group LTD, in partnership with Octium Solutions Inc., is expanding its rail infrastructure in Malartic, Quebec.
The investment will support its bulk chemical commodity shipping and hard-rock mining operations, Quadra officials said in a press release. A dollar amount for the investment was not reported.
Quadra, a chemical distributer, and Octium, a storage and transloading services provider, will add 2,000 feet of rail capacity to an existing 1,500 feet of rail in Malartic, connecting the existing rail to a main CN line.
The companies also are constructing a 6,500-square-foot warehouse in Malartic for short- and long-term storage and transloading services with the ability to shunt rail cars on site, Quadra officials said in a press release.
The rail expansion is part of Quadra’s long-term strategy to support key industries in Canada and will be a “vital link” between suppliers and mining sites, Quadra officials said.
“Our investment will enhance supply chain reliability for our mining customers, ensuring they have access to the bulk chemical products they need for their operations,” said Octium President and CEO Pierre Thivierge.
The expansion and added transloading and storage facilities provide Quadra with an alternative to shipping via truck, which it now uses to move bulk chemical products, Thivierge added.
The Malartic expansion is expected to be completed and operational by the end of this month.