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: No Smelter at Thunder Bay?

No Smelter at Thunder Bay?

posted on Nov 30, 2009 10:50AM

Some might think of this as small potatoes but I'm not happy about it.

From the news release:

"Noront claims that Cliffs has made no promise to build its ferrochrome production facilities in Canada,...."

I guess processing the chromium ore in Thunder Bay is not a done deal. The governments of Ontario and Canada should step in to ensure the ore is processed in Canada.

For Voisey Bay, Newfoundland insisted on a smelter in Newfoundland. There was already a smelter at Sudbury.

There is no chromium ore smelter in North America; so a requirement to build one in Canada would be less of a duplication of efforts than Newfoundland's requirement for a smelter in Newfoundland.

The goverments of Canada and Ontario should insist on a chromium smelter in Canada coupled with an announcement that these goverments will help defray the cost of infrastructure (i.e. roads and railroads).

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