MONTREAL, Canada — One of the only two remaining asbestos mines in Canada has declared bankruptcy.

Quebec-based LAB Chrysotile explained that costs and a lack of revenue led to the filing. Owners of the company said that declaring bankruptcy   is the only way for the  company to get back on its feet financially.

In a statement today, company representatives said they would soon discuss the possibility of relaunching operations. LAB Chrysotile, which operates Lac d’amiante du Canada in Thetford Mines, shut down operations last fall.

The shutdown of Thetford Mines in November came after production halted at the also struggling Jeffrey Mine, which is located roughly 90 kilometers away. This has meant good news for the health of people around the world.

Mining and distributing asbestos is banned from several places around the world but not Canada. Asbestos is a harmful mineral occurring in nature that can lead to several diseases, including the deadly mesothelioma cancer. When asbestos is intact, it generally poses no threat, but when fibers become disturbed, they are breathed in by victims and health consequences ensue.

Mesothelioma is perhaps the worst diseases associated with asbestos exposure. It can take up to 50 years for the cancer to manifest, making it very difficult to diagnose and treat. Symptoms can be so mild that victims never even seek medical treatment.

Mesothelioma affects the lining of the lungs, heart and chest and although some treatments like radiation, chemotherapy and surgery might temporarily help, there is currently no cure for the disease.

However, there is help available to all who are suffering from mesothelioma, as well as their loved ones. Anyone diagnosed with mesothelioma should contact a leading mesothelioma attorney right away for assistance. As an asbestos visit, you and your loved ones may be entitled to millions of dollars in money damages and medical care, and your mesothelioma lawyer will see to it that you obtain the maximum possible benefits for your pain and suffering.

Mesothelioma attorneys make it their mission to ensure those responsible for your disease are held accountable. Call today to schedule a consultation with a top team of mesothelioma lawyers near you to discuss your options and file a case.