Gold and Silver Juniors, Mid-tiers and Producers Message Board

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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: koan who wrote (17012)	7/27/2006 2:43:29 PM
From: koan	Read Replies (2) of 78416

From a post on the BMC thread on Stockhouse: So which junior's produce chrome? I meant to copy the guys name. "You do hear it all the time - they need nickel (Ni) to make stainless steel. They need nickel to make some types of stainless steel, principally the most common ones, such as type 304 and 316, which are the bulk tonnage of production. Some types - 400 series, have none at all. What they don't say is that you MUST have Chromium (Cr) to make the steel stainless, and nickel to make it better, more useful stainless. 18-8 and 18-10 are the nominal percentages of Chromium and Nickel in types 304 and 316. Trouble is you can't buy chromium. You have to buy ferro-chromium, and it is mined and concentrated in three main places - Russia, South Africa and Turkey. Just a lead, for others without a metallurgical background. Remember, BMC has a part of a producing mine, a really great prospect in Australia, and potential in Labrador to spend the money from the mine. You don't often see great scientists getting together with smart business practitioners like this."

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