https://www.northernontariobusiness.com/
Noront Resources boss offers insight into ferrochrome facility selection process
Alan Coutts is dragging out the suspense to find a Northern Ontario home for a Ring of Fire ferrochrome production plant for just a few more months.
The president-CEO of Noront Resources wants to keep the competitive process going to get the best deal possible to place the Toronto mine developer’s $1-billion smelter project in either Sault Ste. Marie or Timmins.
Instead of announcing a landing spot for its plant this summer, the company decided to drop Sudbury and Thunder Bay from its four-city bidding process, and is punting its final decision toward the end of this year.