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: Re: Interesting Summary of Future Global Chromium Trends

Well the world market and the US market needs are going to be different. IF the ROF can supply our continent with cheaper ore and ferro chrome than imported, and if we have a stainless production industry that is homegrown, it will be a world game changer.

South Africa’s electrical power generating group declaredan emergency because of the country’s constrained electrical power supply. Ferrochromium production is electricalenergy intensive, so constrained electrical power supplymeans constrained ferrochromium production. DLA Strategic

Materials planned to continue selling ferrochromium in fiscal year 2015 until it reaches its limit; however, DLAStrategic Materials would need congressional authority to continue sales into the next fiscal year.

http://minerals.usgs.gov/minerals/pubs/commodity/chromium/mcs-2015-chrom.pdf

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