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CHROMITE: KWG, China Railway sign MOU for Ring of Fire transport study



ONTARIO – KWG Resources of Toronto and China Railway First Survey and Design Institute Group have signed a memorandum of understanding for a feasibility study for the design and financing of a railroad in the James Bay Region. The route will follow the right-of-way staked by Canada Chrome Corp., a KWG subsidiary.

KWG is 30% owner of the Big Daddy and 80% owner of the Black Horse chromite deposits in that region. The company has been a vocal proponent of building a railway to service the potential mine sites rather than a road link. See KWGResources.com for more information.

Established more than 60 years ago, China Railway has designed and built more than 48,000 km of railways and 5,000 km of high speed rail lines in China. It has also tackled rail transit projects in more than 30 cities in that country.


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1 Comment » for CHROMITE: KWG, China Railway sign MOU for Ring of Fire transport study
  1. Edward Deibel says:

    1415 Mckeown Ave North bay;

    Hello

    My name is Edward Deibel and I have done research in Northern Ontario for many years.

    Federal and Provincial governments must act for legislation that will have our natural resources processed and manufactured in Canada and in the legislation that our natural resources benefits will be maximized in Canada
    and in the provinces and in the territories and in the municipalities.

    they are talking about a policy to exporting raw chromite out of the ring of fire.

    That is not a good economic policy for northern, Ontario or Canada. there would be very few benefits and would be making the 100 years mistake all over again like exporting our nickel and other natural resources in the $ billions of dollars to take our resources elsewhere to manufacture produces. we hear those comments over and over again coming from all over northern Ontario in the 10 districts.

    Yours Truly
    Edward Deibel

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