The timeframes have NOT changed.
The plan is to complete the a 150K tonne plant by 2010/11 and scaling it up to 2m by 2012/13.
In other words ESI will be producing pellets commercially from 2010.
But if VC is required to sell 20m tonne per year are there plans to build additional plants in the short term? (think about it!)
The sentiment in the room today (GM) was very positive.
i like this part of the address, page-3
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