Sault Ste. Marie, Timmins in running for Noront Resources’ ferrochrome smelter
Noront Resources has narrowed its search for a Northern Ontario community to host a future $1 billion ferrochrome smelter to Sault Ste. Marie and Timmins.
Thunder Bay and Sudbury have been removed from consideration.
Noront employed Hatch Engineering to help with the evaluation process based on environmental and site suitability, capital costs, operating costs and an assessment of community acceptance.
The junior miner says it expects to make a final decision before the end of the year following negotiations with the owners of the two favoured sites.
Sault Ste. Marie is promoting a 400-acre brownfield site, located west of Essar Steel Algoma, which has Great Lakes port access.
The smelter and refinery were closed by Xstrata Copper in 2010, but the property is being used by Glencore as a concentrator for the nearby Kidd Creek base metal mine and will be vacated when the mine closes in 2022.
Sudbury will benefit from one aspect of the Ring of Fire as nickel ore from Noront’s Eagle’s Nest deposit – the first mine to be developed – will be processed in the city with either Vale or Glencore.