Is Wynne drumming up more business for ROF chromite for the massive infrastructure needs of growing India? It appears that the local supply may be coming up short?
http://www.thestar.com/news/canada/2016/01/02/kathleen-wynne-will-be-globetrotting-again-in-2016.html
Kathleen Wynne will be globetrotting again in 2016
Ontario’s premier will look to increase trade with the ever-growing economies of China, India and Israel in the upcoming year.
Kathleen Wynne is Ontario’s travelling saleswoman.
Freshly returned from her second trade mission to China within a year, the premier will again be hitting the road in January to drum up more business for the province.
Wynne will lead a delegation of representatives from Ontario businesses and academic institutions to India.
The premier is expected to visit the political and economic centres of New Delhi and Mumbai as well as Chandigarh and Hyderabad.
“There is . . . increasing demand (from India) in areas where our province has expertise,” said Wynne, noting fast-growing India is planning to spend hundreds of billions of dollars on infrastructure in the years ahead and is hungry for Ontario know-how.
“This mission will help us leverage these new opportunities for investment and raise the global profile of Ontario’s businesses,”
Faced with serious jeopardy in running their units due to inadequate chrome ore supplies, ferrochrome makers in the state have called for reopening of chromite mines that have remained shut since a Supreme Court order on illegal mining in May 2014.
The closure of some key chromite mines has triggered acute shortfall of chrome ore and ore concentrates for these units. The shortage for non-captive ferrochrome units stands at over one million tonne against their annual requirement of 1.4 million tonne.
"Chrome ore production has dropped drastically due to shutdown of mines. As a result, ferrochrome makers are suffering.