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.