Why is Roche Bay unique?
Roche Bay unique is its location which is close to naturally deep tide water and its abundant resource. The distance from Roche Bay to Rotterdam, the European port of reference, is only 3050 nautical miles. Thus, Roche Bay’s ore will only have to travel under 10km by land and 3050 nautical miles by sea to reach the European market. These short distances, particularly the overland distances, allow us to minimize one of the largest costs in ore production-transportation. The only ore producer closer to the European market is LKAB. Roche Bay also has good back haul of coal to Europe to result in a net shipping distance to China that makes us competitive with CVRD’s ore into China.
