In the News
U.S mining giant looks to Asia to process Ring of Fire chromite from the Toronto Star

Originally published in Teamsters Canada

December 2, 2011

A U.S. international mining firm may seek permission from the Ontario government to process some of the precious ore it hauls out of the Ring of Fire to Asia.

Cliffs Natural Resources, an Ohio-based mining giant, is preparing to extract what is estimated to be one of the world’s largest chromite discoveries in an ecologically sensitive part of northern Ontario, about 500 kilometres northeast of Thunder Bay.

The deposit is estimated to be worth $30 billion. International mining companies have staked 9,000 claims covering 480,000 hectares.

Most of the chromite will be processed and refined at plants in northern Ontario, but the company says some of the concentrate could be shipped offshore to Asia.

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