Ring of Fire volcanic eruptions of the last 11,700 years occurred at volcanoes in the Ring of Fire. The Ring of Fire is a direct result of plate tectonics: the movement and collisions of lithospheric plates, especially subduction in the northern portion. The southern portion is more complex, with a number of smaller tectonic plates in collision with the Pacific plate from the Mariana Islands, the Philippines, Bougainville, Tonga, and New Zealand. The presence of a belt of volcanic activity surrounding the Pacific Ocean was observed in the 19th century. "They [the Japanese Islands] are in the line of that immense circle of
Ring of Fire (Northern Ontario) tonnes per year for more than thirty years". Carrabba announced that the ore would be "further processed into 400,000–800,000 tonnes of ferrochrome". The purchase was finalized in 2010. According to Carrabba the area of the Ring of Fire that Cliffs acquired in 2009 represents one of the "premier chromite deposits in the world. Chromite is smelted to produce ferrochrome which is used globally in the production of stainless steel and is categorized as a strategic metal resource by many countries. In May 2012, Cliffs announced a "$3.3-billion investment to build a chromite mine, transportation corridor and processing facility in northern