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First Explorer at the "Ring of Fire" and presently drilling on the "BIG DADDY" Chromite/Pge's jv'd property...yet we were robbed

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Message: Ferrochrome - Snug

Hi headingeastnortheast:

You Mentioned the following:

Still a NA ferrochrome supply would seem to be a strategic fit for them.

I'm not to sure if you are aware that they have their own ore bodies and they Mine open pit and underground with large reserves.

Kemi Chromite and Ferrochrome Mine, Finland

In January 2001, Outokumpu and Corus merged their Outokumpu Steel and Avesta Sheffield stainless units to create AvestaPolarit, and in March 2003 Outokumpu took full ownership. Today Outokumpu Stainless does the steelmaking and Outokumpu Chrome Oy operates the Kemi mine with 132 people, and the Tornio ferrochrome plant which employs 175. Although Outokumpu has sold its base metal mines, Kemi remains an integral part of the expanded stainless steel production chain centred on Tornio.

GEOLOGY AND RESERVES

A 2.4 billion year-old mafic-ultramafic layered intrusion, extending 15km northeast of Kemi hosts 11 chromite orebodies. On average, the chromite-rich horizon dips 70° northwest and is 40m thick. As of January 2006, ore reserves totalled 41.1Mt, grading 24.5% Cr2O3, and mineral resources, mainly inferred, were 86.1Mt at 29% Cr2O3.



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Aerial view of the Main Pit, with adjacent processing plant and office complex.

On the Noront Forum they covered the Kemi Chromite & Ferrochrome mine in finland in great detail a little while back.

Where the open pit mine is, the land is very similiar to the terian at Mcfaulds Lake.

They also could be a contender for a piece of the pie, this would give them an opening for the north american market.........RL


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