It's a resource-based project with a community proponent. The regional Inuit association was previously trying to bring this project to fruition; they've now partnered with an exploration company. I think the goal is this: The closer you get road or rail to northern communities, the better it is for everybody. Using the financial and economic potential in that area to build up economies of scale and get that land link closer is important, I think.
On May 2nd, 2024. See this statement in context.