Sunday, December 4, 2011

Oregon Resources Corporation dedicates chromite plant

Read Coos Bay World September 28, 2011 article on the dedication of Oregon Resources Corporation's chromite plant at Coos Bay.
"Mining has been going on since spring, but the operation still is in the commissioning phase, said Phil Garratt, CEO of ORC's Australian parent company, Industrial Minerals Corporation.
He said five or six trucks an hour are traveling to the plant during daylight hours. When the plant is at full capacity, its hours will be extended, he said. 
The plant is shipping its product by truck to Portland, for shipment to Asia, and Junction City, for rail shipment domestically."
ORC is owned by the Australian Industrial Minerals Corporation. In turn IMC is linked to Resource Finance and Investment Ltd.  RFI says it is "domiciled in Bermuda" with offices in Geneva Switzerland and Portland Oregon.