23 Nov Steel River Group Announces Partnership with Loon River First Nation
Steel River Group Ltd. (Steel River), Indigenous-owned diversified management, development, and construction consortium, has announced a new partnership with Loon River First Nation (“Loon River” or “the Nation”). Located in Northern Alberta, approximately two kilometers from the town of Red Earth, the partnership will diversify the Loon River’s economic portfolio by expanding into regional industries such as logging, reclamation, and environmental, while leveraging the community’s traditional knowledge and experience.
Steel River soutiendra la vision culturelle, sociale et économique de Loon River en défendant et en faisant progresser les intérêts de la communauté auprès de l'industrie. Le partenariat permettra également de renforcer les capacités et d'accroître l'emploi dans la région en identifiant et en réalisant des opportunités de développement économique. Grâce à sa situation géographique au cœur du secteur énergétique du nord de l'Alberta, Loon River est bien placée pour tirer parti d'une myriade de possibilités dans le secteur du pétrole et du gaz. Ces possibilités seront renforcées par le développement et l'expansion d'un véhicule économique appartenant à la nation.
“I am thrilled to share the news of our newest partnership with Loon River First Nation,” said Trent Fequet, founder and CEO of Steel River Group. “Loon River holds significant potential, and I am looking forward to working alongside the Nation to support the development of opportunities through a collaborative and proactive approach with industry, that is led through the lens of synergizing Loon River First Nations’ cultural preservation, social sovereignty, and economic sustainability.
Loon River, located on Treaty 8 territory in Alberta, is comprised of three reserves: Loon Lake 235, Loon Prairie 237, and Swampy Lake 236. In addition to Loon River Contracting, Loon River also operates Loon River Trucking, which has serviced the oil and gas industry in western Canada for over 20 years.
“Loon River First Nation is proud to partner with Steel River Group,” said Ivan Sawan, Chief of Loon River First Nation. “Trusted and respected, the brand of Steel River Group will help Loon River reach its potential – not just in the oil and gas industry, but other industries only imagined. This is a welcomed opportunity for Loon River First Nation and our members as we embark on existing and new opportunities together with Steel River Group.”
Loon River will have access to the Steel River Ecosystem, including subsidiaries and relationships that will benefit the Nation with an increased scope of services and bring forth additional opportunities to its current businesses and operations.
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