Re: Cliffs makes case for $1.8B smelter

HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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cappysmart

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Re: Cliffs makes case for $1.8B smelter

in response to

Cliffs makes case for $1.8B smelter

luker

posted on Jan 22, 2012 08:11PM

"Not included in those estimates is $600 million to build an all-weather road it says will benefit remote northern communities and other Ring of Fire mining projects."

The all weather road will be great for hauling equipment and personel but can it handle 2.2 million tonnes of chromite ore heading south every year?Maybe CLF can rent space in the pipeline.