From the article 2017:

https://www.cbc.ca/news/canada/sudbury/decision-coming-on-chromite-smelter-site-1.4256478

CBC News · Posted: Aug 21, 2017

Worth the wait?

When the Ring of Fire mining development first started to make news more than a decade ago there were many different mining companies involved. Coutts says those claims have all been consolidated.

"We're the last one standing."

The company's shareholder base has been very patient as it worked through all the complexities with the Ring of Fire project, said Coutts.

In order to finance the mining project the debt and equity players had to be satisfied that there would be a route developed, so their money wouldn't be at risk.

News that the transportation corridor will be built allows Noront resources to finance the project, build the mine and build the ferrochrome treatment plant.

"Major shareholders...have thought that the reward was sufficient, that we should take the time and hang in there. I hope they feel vindicated now."