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Alderon Iron Ore Corp.

09:51 AM EST - Alderon Iron Ore Corp. : announced that work on the new multi-user deep water dock at the Port of Sept-Îles, Quebec is on time and within budget. Construction of the new facility is expected to be completed by the end of March 2014. The first phase of the program is now complete and included dredging in order to allow for the loading of large capesize vessels. Construction of the dock commenced during the first week of October and is being carried out by Pomerleau Inc., the largest construction company in Quebec. The driving of the first piles is planned for mid-November. Alderon Iron Ore Corp.
shares T.ADV are trading unchanged at $1.73.