Miner Plans on Shipping Chromite to Asia
Investing News Network - November 21st, 2011
CBC reported that Cliffs Natural Resources (NYSE:CLF) will seek an exemption from an Act requiring ore mined in Ontario to be processed in Ontario.
CBC reported that Cliffs Natural Resources (NYSE:CLF) will seek an exemption from an Act requiring ore mined in Ontario to be processed in Ontario.
As quoted in the market news:
The company will process material at the mine site — upgrading the chromite ore to concentrate, and that most of what Cliffs mines will end up being refined at the ferrochrome smelter it plans to build in northern Ontario.