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.

Yet another Ring of Fire developer, KWG Resources, is hoping to lure Chinese investment to the Ring of Fire through a business arrangement with a state-owned railroad engineering firm working on a feasibility study for a north-south rail corridor.

Gravelle seemed to harbour few misgivings about the potential of foreign capital being used for mining-related infrastructure development purposes.

“We’re always looking for investment in the Ring of Fire. Certainly in relation to that particular project, we’ve been seeking to see a business plan in terms of that project moving forward.”

https://www.northernontariobusiness.com/industry-news/mining/few-details-on-ring-of-fire-road-decision-454232

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fahrenheit451
City
Rank
Treasurer
Activity Points
2286
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Date Joined
03/23/2010
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KWG Resources Inc.
Symbol
KWG
Exchange
CSE
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1,140,494,718 FD, Aug 20/16
Industry
Metals & Minerals
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