China eyes Canadian rail market

Canada-Ring of Fire_northern-ontario-s-ring-of-fireA team of Chinese engineers has proposed a 340km rail line to northern Ontario to get access to a rare metal, and has suggested that the project would enable Chinese companies to enter the Canadian infrastructure market.
The scheme under consideration would connect a planned chromite mining and smelting complex known as the “Ring of Fire” with the existing rail network at Nakina in the south of the province.
In addition to chromium, the Ring of Fire also contains vanadium, copper, zinc, nickel and gold.
If the scheme goes ahead, it would be China’s first foray into Canadian rail. Chinese companies have already entered the US market with a planned high-speed rail line between Las Vegas and California.
In Canada, the Ontario government is currently studying how to deliver on a pledge to bring high-speed rail to the Toronto-Windsor corridor.


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