Northern Iron Corp - CDN: NFE & US: NHRIF Message Board

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Gold/Mining/Energy : Northern Iron Corp - CDN: NFE & US: NHRIF

NFE 1.290

+4.9%

Oct 31 9:30 AM EDT

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From: JRod77	3/20/2015 10:10:29 AM
	of 18

Here is the March 2015 presentation, along with the Griffith mine assessment: 2015 presentation: media.wix.com NIC has negotiated an off-take agreement with the China Railway Materials Import and Export Company (900,000 metric tonnes of HBI annually to be delivered commencing in 2016). This order represents about two thirds of the annual production of HBI from the Griffith Mine. NIC has also negotiated an off-take agreement with Tianjin Materials & Equipment Group Corporation of China for 60,000 metric tonnes of HBI to be delivered annually starting in 2016. The rest of the production will be offered for sale to the world market. So we actually have 3 buyers right now: China Railway Material - 900,000 Tonnes Tianjin Materials - 60,000 Tonnes Danieli - 500,000 Tonnes On page 4 of their Griffith Assessment : media.wix.com

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