HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: Rio Tinto, Mick, CEMI , Ivan and the ring

Again thanks to an old post by Babjak1 in 2011 the connection can be made stronger for Rio Tinto to gobble the ring....

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https://agoracom.com/ir/Noront/forums/discussion/topics/503612-rio-tinto-s-low-cost-canadian-jewel/?message_id=1603028

IN the first link below, you will see Rio Tinto state:

 

"Rio Tinto's Canadian aluminum assets will remain among the jewels in the multinational mining company's crown after it divests 13 non-core assets in other countries in a move to boost profitability. Whyis Rio's Canadian aluminum assets considered a jewel?

 

 

 

"In terms of quality of assets, ... there's going to be nobody else on the market of that size with such a small carbon footprint."

http://www.570news.com/business/article/289109--rio-tinto-s-low-cost-canadian-aluminum-assets-remain-jewel-as-it-shrinks-size

 

According to the Noront AGM presentation 75% of new future nickel projects will be Laterite projects and only 25% will be sulphide projects. The Laterite projects have a high carbon footprint and the nickel sulphide project a low carbon footprint.

The Eagles nest is the largest new nickel sulphide discovery in the world in decades-stated at this year's AGM.

Do not forget that Rio Tinto opened up an new Center of Excellence in Mining Innovation in Sudbury last November. Do not forget they forked over 10 million bucks for this.

http://www.miningexcellence.ca/events/2011/AGM%202011/AGMevite2011.pdf

 

What perfect timing for Noront...this strategic reseach in underground mining that Rio is doing with their own Rio bucks.

 

If the Canadian Aluminum operation is a jewel to Rio Tinto due to it being a quality asset with low carbon footprint.

 

You can just imagine the deep salivation that has been going on for Low Carbon Canada's largest new nickel sulphide discovery at the Eagles Nest.

 

Here's another link with a bit more info about Rio's plan.

 

http://www.edmontonjournal.com/mobile/business/top-stories/Tinto+retreats+from+aluminum+puts+billion+assets+block/5561356/story.html

 

 

"Global miner Rio Tinto (RIO.AX) signaled a major retreat from its aluminum business on Monday, putting an estimated $8 billion worth of assets up for sale across six countries, only four years after buying aluminum giant Alcan for $38 billion.

 

Rio Tinto (RIO.L) said it planned to sell 13 assets, including smelters and alumina refineries, in a move immediately interpreted as a way of diverting yet more resources to iron ore, which now accounts for nearly 80 percent of group earnings."

 

So, let's think about this for a moment.

 

Rio Likes Canada's low carbon footprint.

 

Rio wants to divert more resources to iron ore.

Awe, too bad Cliff's already snatched up Consolidated Thompson in Labrador for 4.9 billion. That would have been a good one for Rio.

Hey, how about buying Cliffs? You get the iron ore and you get Freewest and if you partner-up with Noront. ...you can put your 10 million Sudbury research bucks to good use ..in the underground mining at the Eagles Nest. The low carbon Eagle King would be crowned.

 

Guaranteed to be first to mine up there ...if that was done.

 

 

 

In the link below you will see that there was an annual meeting last week in Sudbury and Rio Tinto showcased a strategic research program for underground mining construction.

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Fast forward to Rio getting an award....

http://www.riotinto.com/media/media-releases-237_23494.aspx

 

01 November 2017

 

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Rio Tinto receives Corporate Leadership Award for low carbon aluminum smelter

 

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Rio Tinto receives Corporate Leadership Award for low carbon aluminum smelter pdf 93 KB - Opens in a new window

 

Rio Tinto has received the Canadian American Business Council’s Corporate Leadership Award for the $6 billion modernization of its BC Works smelter at Kitimat in British Columbia, which produces some of the world’s lowest carbon aluminum.

 

Canadian American Business Council (CABC) chief executive officer Maryscott Greenwood said “Rio Tinto has shown itself to be a leading North American business through its commitment to sustainability and innovation, and its significant contribution to supporting jobs and economic growth.

 

“This award celebrates Rio Tinto’s innovation to build a world class modern smelter here in North America, the environmental benefits this is delivering and its long term partnership with the Kitimat community.”

 


Rio Tinto Aluminum chief executive Alf Barrios said “We are proud to be celebrating the outstanding efforts of our people to deliver this state-of-the art smelter.

 

“The combination of clean hydropower with the leading edge technology in the new smelter allows us to produce aluminum with one of the lowest carbon footprints in the world.

 

“We have increased the smelter’s production capacity by close to 50 per cent, at the same time as improving environmental performance by halving overall emissions.”

 

Each year, the CABC recognizes a company for their commitment to sustainability, innovation, and job creation. In years past, honorees included Johnson & Johnson, Coca Cola, and Campbell’s Soup.

 

The Corporate Leadership Award is presented at an annual State of the Relationship dinner in Ottawa, Canada, celebrating the ties between Canada and the United States. This year’s event focused on the importance of trade, and was also the first public event for incoming US Ambassador to Canada, Kelly Knight Craft.

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Who will the lord of the ring?

GLTA

Ringer

 

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