Yet another Ring of Fire developer, KWG Resources, is hoping to lure Chinese investment to the Ring of Fire through a business arrangement with a state-owned railroad engineering firm working on a feasibility study for a north-south rail corridor.
Gravelle seemed to harbour few misgivings about the potential of foreign capital being used for mining-related infrastructure development purposes.
“We’re always looking for investment in the Ring of Fire. Certainly in relation to that particular project, we’ve been seeking to see a business plan in terms of that project moving forward.”
https://www.northernontariobusiness.com/industry-news/mining/few-details-on-ring-of-fire-road-decision-454232