Thursday, February 3, 2011

Sudbury has early smelter lead

There is still no final selection made for the chromite smelter for the Ring of Fire development, but so far Sudbury appears to be the favourite location. According to the mining company, Cliff's Natural Resources, Sudbury has the necessary power requirements for the facility, however, Thunder Bay, Greenstone and Timmins are still being considered. The company admits though, that because of the current power prices in Ontario there isn't a place that is economically viable to operate the smelter.