my read of FMGs plan is they intend to blend the 22mtpa concentrate with other lower grade stuff they have, to give them an overall higher grade sold, thus lowering the discount they currently have to take.
so they won’t be selling it outright, like that.
howver, they know how to deliver best bang for buck, so if they’re blending it, rather than selling it as high grade concentrate, you can be sure, that gives them the better return.
cheers,
ned
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