August 16, 2024, Churchill, Manitoba – For the first time in over two decades, an export shipment of Critical Minerals has departed from the Port of Churchill. The zinc
concentrate shipment marks a significant milestone in Arctic Gateway Group’s work to revitalize the Hudson Bay Railway, diversify the Port of Churchill, and seize the
opportunity to further develop Canada’s Arctic trade corridor to global markets.

“We’re building a new era of economic development and international trade for northern
Manitoba while strongly supporting the principles of Indigenous reconciliation,” said Mike Spence, Chair of Arctic Gateway Group (AGG) and Mayor of Churchill. “Thanks to
the strong partnership that we have developed between the Indigenous and northern ownership group, the Government of Canada, and the Province of Manitoba, we’ve
been able to improve the reliability of our operations and secure new contracts to export Canada’s critical minerals to international markets.”

Over the past two months, more than one hundred rail cars of zinc concentrate from Hudbay Minerals Inc. (Hudbay) operations in Snow Lake, Manitoba were delivered to the Port of Churchill. The zinc concentrate was then stored temporarily at a recently built storage facility, which is the first new building at the port in over twenty years. This new storage facility is the first step in a broader plan to significantly increase critical minerals storage capacity at the Port of Churchill.

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August 16, 2024, Arctic Gateway Group, “FIRST CRITICAL MINERAL SHIPMENT FROM PORT OF CHURCHILL IN DECADES”, https://www.arcticgateway.com/