The federal government is providing Tacora Resources in Wabush with a $3.3-million loan to help with mining operations in the area.

The company is adding two new manganese reduction circuit process lines to improve processing and increase efficiency.

The advanced technology will remove manganese and silica, resulting in a higher grade of iron ore.

The end product is referred to in the industry as “green steel” since the process aims to reduce plant carbon emissions.

Tacora Resources is contributing $6.2 million of its own funds toward the initiative.