TIMMINS – Timmins is taking a new step forward with the plan to attract a new ferrochrome production facility, according to new information released by the Timmins Economic Development Corporation (TEDC) this week.
Because TEDC had previously submitted information to Noront Resources (TSXV:NOT) that company has now invited Timmins to submit “a compelling case proposal” in a bid to win over Noront which continues to search for a host city for some sort for a facility for the Ring of Fire nickel and chromium discovery.
Noront is the Canadian junior mining company with the biggest claim to all the major discoveries in that region, located in the James Bay Lowlands.“The company’s first project is a 100%-owned, high-grade, nickel, copper and platinum group element (PGE) deposit called Eagle’s Nest. It is the largest high-grade nickel discovery in Canada since Voisey’s Bay and the most advanced project in the Ring of Fire. The next projects in our pipeline are the Blackbird and Black Thor chromite deposits,” said Noront on its website.
Earlier this year, Noront selected Timmins, Sudbury, Sault Ste. Marie and Thunder Bay as possible cities that could host a metals refinery.
In response, Timmins sent out a package of detailed information on value-added factors that Noront might want to take into account. It seems Noront liked the idea.
“The Timmins Economic Development Corporation (TEDC) is pleased to have received technical documents outlining requirements to develop the Noront Ferrochrome Production Facility (NFPF). The TEDC previously submitted an extensive information package to Noront Resources Ltd., detailing the value-added factors of Timmins’ brownfield sites, and has been selected to make a compelling case proposal,” said a news release from TEDC on Tuesday.