Good article contribution, Irish! I especially liked the part where the analysts forecast the growing price increases for chromium. Increasingly greater value for what Noront is developing!!!

"Demand for stainless steel, the primary determinant of chromite demand, has been growing at close to 7% per year for the last decade, and is forecast to grow at an average rate approaching 6% annually until 2020 according to consultants Heinz H. Pariser. While the stainless steel market has softened recently in line with the global economic slowdown the long term fundamentals still underpin the market. Demand for ferrochrome is being further bolstered by the relatively high nickel price which is driving the stainless steel industry to substitute away from austenitic 300 series in favour of the chrome rich ferritic 400 series."

"Chromite and ferrochrome prices have therefore been rising rapidly. Ferrochrome for example averaged 47 cents/lb in September 2006 when Chromex listed on the LSE but the price is now over $2/lb despite some softening in recent weeks. Prices are forecast to remain high given the prospects of high demand but relatively restricted supply."