The Ring of Fire metallurgical project isn’t the only confusing one for me. Canada Metals originally planned to build a ferrosilicon smelter in Quebec then decided to make it a silicon metal plant. Now, the company has returned to a 100% ferrosilicon “hybrid flex” plant concept. I assume the hybrid flex is that capacity to produce either commodity.
Since ferrosilicon and silicon metal have completely different target audiences, I really don’t understand the flex idea. I can see someone like FerroGlobe who has a variety of plants producing those commodities having flex facilities so converting one furnace isn’t a big deal since they already have established customer bases in both areas.
I think the entire flex idea is better in theory than practice anyway.