This article came from Northern Life, Sudbury’s biweekly newspaper.
All rumours about where Cliffs Natural Resources will build its chromite processing plant have been laid to rest.
Cliffs has made public its intentions to build its $1.8-billion chromite processing facility north of Capreol. The Cleveland, Ohio-based company has selected the former Moose Mountain Mine site, located 21 kilometres north of Capreol, as it moves from a prefeasibility stage to feasibility, which takes the company to a more detailed analysis of the project.
An agreement in principle between the province and Cliffs has been reached, Sudbury MPP Rick Bartolucci, Minister of Northern Development and Mines, said. This agreement sets the framework for the project. A formal agreement is expected to be finalized within months.
The project will employ 450 people during construction, and as many as 450 people when the facility is operational in 2015. Mine and mill development, as well as the construction and operation of transportation infrastructure, could create an additional 750 jobs, plus hundreds of indirect employment opportunities for northern Ontarians and First Nations communities. The smelter would be used to process ore from Cliffs Natural Resources chromite mine located in northern Ontario’s Ring of Fire.