November 6, 2017
The Sault Ste. Marie Economic Development Corporation receives documents from Noront Resources. The package serves as a guideline for the cities interested in submitting a community business case for the company’s proposed ferrochrome processing facility (FPF).
November 2017 - February 2018
A project team, comprised of representatives from the Sault Ste. Marie Economic Development Corporation and City of Sault Ste. Marie, gathers information on the city’s competitive advantages and ability to host the FPF.
February 2, 2018
Proposal submissions are due.
Noront makes a decision regarding the city or cities with the most feasible site. UPDATE: of the four submissions, the company short-listed Sault Ste. Marie and Timmins on July 13, 2018.
After concluding negotiations with the owners of the two favoured locations, the final stage of Noront's site selection phase will be complete.
Between 1 and 5 Years
Noront commences a comprehensive, multi-year environmental assessment and community consultation process in the selected city. The company liaises with government agencies to ensure the project meets regulations.
Between 5 and 7 Years
Only if environmental assessments and community consultations are successful, Noront begins constructing the FPF, which has a price tag of between $600 and $800 million.
Between 7 and 10 Years
Noront begins processing ferrochrome at its new Northern Ontario facility. The plant will employ between 300 and 500 people directly, along with more than 1,000 indirectly through suppliers and other businesses.