TIMMINS – Timmins feels it may have an edge in its bid to win the attention of Noront Resources. Noront is looking around Northern Ontario for the best location of a ferrochrome smelter. A news conference was held at the Timmins Economic Development Corporation (TEDC) office Monday afternoon to outline some of the city’s plans.
Noront Resources is the Canadian junior mining company with the biggest claim to the major chromite and nickel discoveries in a remote region located in the James Bay Lowlands. It is the incredibly rich mining area known as the Ring of Fire, where the value of the minerals has been estimated in the tens of billions of dollars.
Timmins is one of four Northern Ontario locations that was shortlisted by Noront earlier this year and invited to submitted proposals. The other cities are Sudbury, Sault Ste. Marie and Thunder Bay.
And while the city works to put on its best face on the proposal, it was made clear Monday there are some attractive features that Timmins is offering, said Mayor Steve Black.
Perhaps the most attractive feature is the Glencore Kidd Operations metallurgical site in Hoyle Township in the city’s East End. Up until 2010, it was the site of the huge Kidd copper refinery. Black said the feeling at TEDC is this gives Timmins the most to offer of all the other communities.
“When you look at the assets and infrastructure available with our brownfield site in consideration, we think there is a lot of opportunity there for Noront to save some serious dollars,” said Black.
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