“Major considerations will be the commitment to South Carolina, the length of the offer, the cargo volume projection and the financial terms. Any necessary followup discussions with the firms will be initiated within the next two months”, the SCSPA say.
Originally it was intended to link the mine and the port by rail, although the possibility is now being explored of connecting the two areas by some form of fixed conveyor. This would reduce the cost of bringing ore to the port from the mine from $4 per ton to just $0.40.
