Ring of Fire Monitor

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Thursday, February 3, 2011

Cliffs website fuels Ring of Fire processing speculation

Cliffs website fuels Ring of Fire processing speculation
By tbnewswatch.com

Speculation surrounding possible sites for a processing facility for the chromite ore mined in the Ring of Fire area could come to an end Friday.

Cliffs Natural Resources, one of the major players in the Ring of Fire, is set to release more details on the project, including potential locations for an electric arc furnace.

According to the company's website, the planned mine is expected to produce 1 to 2 million tonnes of high-grade chromite ore annually. Cliffs claims to control two of the three major deposits in the Ring of Fire.
 
Their website says the company plans to construct an open-pit mine and a mine-site processing facility, as well as a remote electric arc furnace to further process the ore into high-grade ferrochrome.

The website goes on to state that the facility is anticipated to be located on the north shore of Lake Superior.

Officials with Cliffs were not available for comment Thursday morning.

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