KWG Resources Inc.

Exploration stage company that is participating in the discovery, delineation and development of chromite deposits in the James Bay Lowlands of Northern Ontario. These deposits are globally significant source of chromite which may be refined into ferrochrome, a principal ingredient in the manufacture of stainless steel.

Home Videos Research Press Release Q&A Discussion

Threads Posts

Electricity Rates

KWG Resources Inc.

about 8 years ago

Having heard talk in the past about Ontario's hydro rates as being uncompetitive, and people saying that access to Manitoba or Quebec power would be beneficial, I was surprised to read this article:

http://www.cbc.ca/news/canada/manitoba/tolko-industries-end-operations-manitoba-1.3731138

So I just decided to look at rates across the country. Looking at residential rates, I found this:

http://www.ontario-hydro.com/electricity-rates-by-province

And here's some info with respect to industrial usage:

http://www.ampco.org/index.cfm?id=36556

I don't have any shocking conclusions about the info above (pardon the pun). The ultimate solution for chromite processing will be through the use of natural gas.

Incidentally, with all the talk about infrastruture to/from the ROF area, there's been a lot of focus on road, rail, electricity, and to a lesser extent, telecommunications. We really need to remember that a gas feed will also be integral to the eventual success of any projects there.