With practically all of the attention in the Ring of Fire focused on nickel and copper, I thought it might be important to repost Mr. Smeenk’s excellent column on the globally significant chromite resources in this extraordinary mining camp. Roughly half of chromite production is mined in South Africa which is becoming more politically unstable with electricity shortages and rail transportation problems becoming more frequent. The importance of reshoring manufacturing to North America as well as developing more critical mineral mining makes Mr. Smeenk’s column very timely. – Stan Sudol
Frank Smeenk is the President and Chief Executive Officer of KWG Resources Inc.
HOW MUCH BALONEY IS IN THE RING OF FIRE SANDWICH?
Stainless steel is approximately 18% chrome and 8% nickel with iron constituting most of the remaining 74%. A decade ago, the private Chinese enterprise Tsingshan Group, started to establish facilities in Indonesia to produce large quantities of nickel pig iron to make stainless steel there by adding ferrochrome melt made with coal-generated electricity.
Read more