HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: Nickel & Chromite price drivers

Nickel & Chromite price drivers

posted on May 15, 2008 06:23AM

The strongest driver for nickel demand is in stainless steel production.

The strongest driver for chromite demand is as a substitue for nickel in the production of stainless steel - since the price for nickel has risen substantially in the last couple of years.

With Noront's deposits, we win both ways.



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