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    chromium investing

    U.S. Mining Giant Looks to Asia to Process Ring of Fire Chromite

    Investing News Network
    Dec. 01, 2011 03:08PM PST
    Industrial Metals

    The Star reported on Cliffs Natural Resources’ (NYSE:CLF) quest to process chromite from Ontario’s Ring of Fire region.

    The Star reported on Cliffs Natural Resources’ (NYSE:CLF) quest to process chromite from Ontario’s Ring of Fire region.

    As quoted in the market news:

    Most of the chromite will be processed and refined at plants in northern Ontario, but the company says some of the concentrate could be shipped offshore to Asia. Cliffs is proposing a ferrochrome production facility with an annual capacity of approximately 600,000 tonnes, said Pat Persico, Cliffs senior manager of global communications.

    Click here to read the full Star report.

    chromium investingnyse:clfferrochrome production
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