Tata Pipeline Pros & Con Pros of NML/ Tata iron ore pipeline in Frigid Labrador
- Great Idea on Paper
- Possibly could work
If the pipe fails or ruptures the pollution problem and cleanup should be somewhat less serious than an oil spill in similar circumstances
Cons of NML Tata Pipeline
- Unlikely to work
- significant environmental impact given the multidudes of water bodies which must be crossed, will make the permitting process lengthy and prolonged and possibly unsurmountable.
- Pumping water and iron through frozen surroundings and hoping it works flawlessly through a long run is something best paid for with someone else's money. Tata may not be able to find someone else willing to put up the money.
- Interest rates may be higher by the time Tata is ready to go looking for Capex which could be many years down the road.
- Tata's money and demand/ need for for the iron ore certainly are significant, but beyond that based upon the way things are said to be conducted in Tata land it is hard to imagine Tata bringing anything else to the table of this project where Tata is likely to do the planning and decision making.