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    chromium investing

    Cliffs Chromite Project to Cost $3 Billion

    Investing News Network
    Jan. 20, 2012 02:12PM PST
    Industrial Metals Investing

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

    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.

    chromium investingnyse:clf
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