Trade Diversification
Through a landmark 25-year lease agreement with our long-term partner QSL, we are aggressively diversifying our operations to lead in two high-growth sectors: Green Energy and Critical Minerals.
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A Strategic Vision for Green Energy
Our goal is to be Canada’s port of choice for green hydrogen. To achieve this, we have established a specialized Green Energy Hub, a dedicated development district designed to attract low-carbon industries and process value-added products.
Global Export Corridors: We have secured MoUs with the Port of Hamburg, Rotterdam, and Antwerp to facilitate the trade of sustainable products like green ammonia, hydrogen, and methanol.
National Alignment: Our projects support the Hydrogen Strategy for Canada and the New Brunswick Hydrogen Roadmap, serving both international export markets and domestic industrial needs.
Biomass Leadership: As Eastern Canada’s largest exporter of wood pellets and chips, we are positioned to support the conversion of regional power stations from coal to regenerative biomass.
Expanding the Critical Minerals Hub
The Port currently handles 2.5 million tonnes of product annually, but we are scaling to double, triple, or even quadruple this volume. By aligning with the Canadian government's strategic focus on critical minerals, we are transforming our infrastructure to support the global supply chain.
Infrastructure Investment: Nearly $40 million has been invested in Terminals 3 and 4 to expand the operational footprint and improve efficiency.
Scaling for the Future: We are focusing on servicing larger vessels through deeper water access and expanding terminal capacity to handle increased volumes.
Streamlined Logistics: Working with QSL and CN Rail, we are removing bottlenecks to create a direct, reliable pathway for Canadian minerals to reach global markets.
