It all comes down to affordable electricity. That's according to the mining company looking to open a chromite smelter for the Ring of Fire development. Ferroalloys President Bill Boor says so far Sudbury is an early favourite because they have the necessary power to operate the smelter. Boor also made mention that Ontario's electricity prices are not competitive and they are looking outside the province for potential sites. The company says they've made no final decisions yet.
Friday, February 4, 2011
Cheaper electricity needed for Ring of Fire
It all comes down to affordable electricity. That's according to the mining company looking to open a chromite smelter for the Ring of Fire development. Ferroalloys President Bill Boor says so far Sudbury is an early favourite because they have the necessary power to operate the smelter. Boor also made mention that Ontario's electricity prices are not competitive and they are looking outside the province for potential sites. The company says they've made no final decisions yet.
