Highlights from a recent article - road vs rail debate, which involves FNC's partner KWG
Noront holds eight mineral deposits of chromite, nickel, copper, zinc, platinum, palladium, along with 100 documented mineral occurrences with showings of gold, titanium, vanadium, diamonds and cobalt.
To regain some visibility in the Ring of Fire, KWG recently appointed former CN and CP Rail executive Tony Marquis to its Canada Chrome subsidiary to kickstart the company's railroad campaign.
Eagle's Nest project has an estimated 11-year mine life with the potential to be extended to 20 years. The massive plunging deposit is two-and-half times the height of the CN Tower.
Once Eagle's Nest is in production, the Blackbird chromite deposit can be brought online next, since its only 500 to 700 metres away.
With its four chromite deposits, Noront controls more than 200 million tonnes of high-grade resources in the Ring of Fire.
"There's the potential to build a new industry in the country with chromite and ferrochrome production."