"Cliff's does not own all the chromite is the ROF. Say they build a smelter and have2x the electricity rates as Quebec and Xstrata comes in buys up Probe or Noront Fnc or whatever Chromite they can get and can ship it off and use the saving as a competitive advantage then CLiffs had just f'd up big."

Sure...try and slide that one past the FNs....not gonna happen.