Public Notice
Kami Iron Ore Project – Public Comments Invited and Federal Funding Available

The Proposed Project

Alderon Iron Ore Corp.(the proponent) is proposing the Kami Iron Ore Project (the Project) that consists of constructing and operating an open-pit iron ore mine about 10 kilometres west of Labrador City, Newfoundland and Labrador. The mine would produce up to 16 million tonnes of iron ore concentrate annually and would include waste rock disposal areas, a tailings management facility, processing and support infrastructure, and a 12-kilometre rail connection to the existing Quebec North Shore and Labrador Railway. There would also be storage and load-out facilities in Sept-Iles, Quebec.

Federal-Provincial Environmental Assessment

On October 14, 2011, the proponent registered the Project for environmental assessment in accordance with the Newfoundland and Labrador Environmental Protection Act. On December 5, 2011, the Newfoundland and Labrador Minister of Environment and Conservation determined that the proponent must submit an environmental impact statement (EIS).

On January 13, 2012, a federal comprehensive study, under the Canadian Environmental Assessment Act, commenced for the Project.

The proposed Project is undergoing a cooperative environmental assessment process.

Public Comment Period

The Canadian Environmental Assessment Agency (the Agency) and the Environmental Assessment Division of the Newfoundland and Labrador Department of Environment and Conservation are conducting a joint public comment period from February 6, 2012 to March 17, 2012. The public is invited to comment on the Project, the conduct of the comprehensive study and the draft EIS Guidelines. The draft EIS Guidelines identify the information that the proponent must include in its EIS. Comments received will be reviewed and considered before the document is finalized and issued to the proponent.

Consultation documents and more information on the Project are available on the Agency's website (registry reference number 12-03-64575) and on the Newfoundland and Labrador Department of Environment and Conservation website at www.env.gov.nl.ca (registration number 1611).

Written comments must be sent by March 17, 2012 to:

Kami Iron Ore Project
Canadian Environmental Assessment Agency
Derek McDonald, Project Manager
1801 Hollis Street, Suite 200
Halifax NS B3J 3N4
Telephone: 902-426-0564
Fax: 902-426-6550
Kami@ceaa-acee.gc.ca

Or

Environmental Assessment Division
Dept. Environment and Conservation
Brent Keeping, Environmental Scientist
PO Box 8700
St. John's NL A1B 4J6
Telephone: 709-729-4223
Fax: 709-729-5518
EAProjectComments@gov.nl.ca

All comments received will be considered public and will become part of the project file.

$45,000 Available for Public Participation

The Agency is making available $45,000 in participant funding to assist groups and individuals to participate in activities related to subsequent public consultations during this environmental assessment.

Applications received by March 17, 2012 will be considered. To submit an application or to obtain additional information on the program, contact:

Participant Funding Program
Canadian Environmental Assessment Agency
Maurenia Lynds, Participant Funding Program Officer
160 Elgin Street, 22nd Floor
Ottawa ON K1A 0H3
Telephone: 1-866-582-1884 or 613-954-2190
Fax: 613-948-9172
PFP.PAFP@ceaa-acee.gc.ca

Information on the Participant Funding Program, including a guide and the application form, is available on the Agency's website.