1) Yes
2) Yes - but it's a no brainer - class 1 is where the future demand lies
3) It's possible. There were a lot of problems with some of the older facilities and getting them running again won't be cheap.
4) Perhaps. There's not many laterites with the same cobalt percentages as KNP and I think that's what will make the difference for ARL.
Class Act - Laterite ore - ARL implications - Mckinsey, page-6
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