Hey Blackfly, just one finger pecking away, gives you time to think, glad you like the post. Thing is, that guy on BNN came across as a sourgrapes CLF follower, or else he simply hasn't done much research on the ROF. Wonder how he got chosen to be interviewed on the subject?

I suppose he is qualified as an expert in the field of major mining companies trading on the NYSE. Those guys like to buy producers, when all the headaches and uncertainty of exploration and infrastructure have been dealt with. I agree the market for ferrochrome is smaller than that for iron or steel, but the price per ton for chromite is generally better than that for iron pellets, so why should railways etc be economic for iron deposits in Labrador but not for the ROF deposits? Schefferville is connected to Sept Iles by a 570 kilometre rail line, and Labrador Iron Mines, a new mine, has shipped 4million tons of ore over the past 3 years, quite an easy target to produce from any one of the several deposits in the ROF.

All this talk of China as the only market for ferrochrome reminded me of Japan and South Korea, both probably happy to get supplies from somewhere stable. Posco from Korea has some interest in another Canadian company which has a metallurgical coal deposit, and is the world's fourth largest steelmaker (2011), has a joint venture plant in California with US steel, and an integrated stainless steel production plant in China, while Nippon Steel is only one of several producers in Japan.

Then Europe is a market now open to Canada with a free trade agreement.