"At current provincial power rates, there isn't a location inOntariothat is economically viable for Cliffs to build the FPF. Despite this, we have namedSudburyas the 'base case' location, which we believe is representative of a technically feasible site," said Boor. "The viability of anOntario-based FPF and final selection of the location are still being evaluated."

Looking for a power deal. Qc & Bc rates are much cheaper.

BB