Noront Resources has narrowed its search for a Northern Ontario host community for a future $1-billion ferrochrome smelter to Sault Ste. Marie and Timmins.
Thunder Bay and Sudbury have been removed from consideration for a ferrochrome production facility, the company announced late on the afternoon of July 13. The four Northern Ontario cities submitted their bids early last February.
Noront employed Hatch Engineering to help them with the evaluation process based on environmental and site suitability, capital costs, operating costs and an assessment of community acceptance of hosting the facility.
“The quality of the submissions was outstanding and demonstrated a significant effort by each of the communities involved,” said Noront president-CEO Alan Coutts in a company news release. “They each provided a compelling case that illustrated the merits of their location as a host for the ferrochrome production facility.”
The Toronto junior miner, which was supposed to announce a production location this summer, is looking toward the end of this year before making an announcement. The company said the Sudbury proposal –which involved a former Inco smelter site in the suburb of Coniston – had the lowest operating cost but it would involve significant capital costs to prepare the site with earthworks and the re-establishment of critical infrastructure.