Noront continues research into Sault, Timmins

Negotiations are continuing between Noront Resources and Algoma to determine whether an agreement can be reached that would see the development of a ferrochrome facility on the steelmaker’s property.
The key now is for Noront to complete its due diligence to determine how a production facility would be situated on the Algoma property site. It also needs to determine what shared services it can cobble with Algoma and determine what the strategic advantages would be to do that.
NorOnt presid