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Alderon Iron Ore Corp.

10:12 AM EST - Alderon Iron Ore Corp. : announced that Nalcor Energy has confirmed that Nalcor will supply power to Alderon's Kami Project subject to certain conditions, which include the completion of necessary engineering and design work for power infrastructure, the conclusion of a comprehensive Power Purchase Agreement, and the receipt of any required environmental or other regulatory approvals for power infrastructure. Nalcor Energy is headquartered in St. John's, NL. Its business includes the development, generation, transmission and sale of electricity; the exploration, development, production and sale of oil and gas; industrial fabrication and energy marketing. Alderon Iron Ore Corp.
shares T.ADV are trading up $0.01 at $2.12.