Cliffs Chromite Project to Cost $3 Billion

The Sudbury Star reported that Cliffs Natural Resources (NYSE:CLF) will spend over $3 billion on its Ontario chromite project.

As quoted in the market news:

The biggest cost — $1.8 billion – would be a ferrochrome processing facility, which could be built near Capreol. The plant would create up to 500 jobs.

Click here to read the full Sudbury Star report.