Massive Black Horse Chromite Discovery

Black Horse deposit has an Inferred Resource Now 85.9 Million Tonnes @ 34.5%

Free
Message: Cliffs: Opportunity For New Direction towards Real Market Diversification

"via a $600M slurry pipe north south to Nakina." Where does this cost estimate for a slurry pipeline come from? I thought pipeline costs are generally much less than road building, but CLF's proposed road on this route was estimated at this same $600 million.

I have studied all chapters of Cliffs EA and numerous public documentation on the subject but there is absolutely no credible support anywhere backing up a supposedly $600M figure for an all-season road.

However, I am able to examine, in detailed, the "Tetratech RAIL v/s ROAD TRADEOFF STUDY" study which concludes "The road capital cost are lower than the rail at approximately $1,051M, however the annual operating cost increase significantly as the load increases, implying that this mode of transportation is not a suitable option if the Ring of Fire region is expected to produce higher loads or operate over a long period of time and support other growth in the area if mining activity expands."

I prefer to trust the $1,051M over the $600M estimate.

To bury under ground and under rivers, in the northern Ontario environment, a highly technically advanced, possibly 'liquid lined' pipeline, carrying very small chromite particles with the series of sophisticated pumping and monitoring stations, with recirculating front end watering and de-watering on the bottom end, would be expensive but achievable.

To get an estimate, you could try going down under and ask these people.


Share
New Message
Please login to post a reply