Cliffs division to fund Decar project study

Sep 09, 2013 | 04:11 PM | Rey Mashayekhi

Tags  Cliffs Natural Resources, First Point Minerals, prefeasibility study, Decar project, nickel, iron alloy, preliminary economic assessment, Rey Mashayekhi

NEW YORK — Cliffs Natural Resources Inc.’s Canadian subsidiary has decided to proceed with a prefeasability study at the proposed Decar nickel-iron alloy project in British Columbia.

By choosing to fund and conduct the study within the next two years, Cliffs Natural Resources Exploration Canada Inc. has the option to lift its ownership stake in the project to 65 percent,....

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