Reckon it is good news cause we finally get all the BS magnetite,which is really pie in the sky stuff off the table.
No need to worry about high capex and higher risk.They can stick to their knitting which is improving their haematite production from TP and getting extension hill up and running.
Only problem i see is waiting over 12 months to get the money from Shougang.
asia iron sold, page-4
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