Massive Black Horse Chromite Discovery

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

Free
Message: KWG potential

Raw chromite is around $230 US per TON, considerably less than your guesstimate, cappysmart. The price varies a lot, with different sources having variations in composition & so quality of steel produced, as well as fluctuations with supply & demand, and currency relative values changing. Sometimes quoted in Renminbi as China is the biggest importer and user.

Some sold as lump ore, some as 'fines' and some pelletised. 

Ferro-chrome sells at a much higher price, making the capital outlay for a reducing operation well worth-while. 

 

Share
New Message
Please login to post a reply