"then why didnt ansteel gear up to use it ?"
Simple riddick...they have foresight!
"...it is well established that hematite grades are declining globally and impurity levels are rising while the demand for quality, premium steel from China and India is continuing to increase. With hematite grades declining, high-grade magnetite concentrate is becoming an increasingly sought-after product."
The benefits of which for both GBG and Ansteel will become evident over time.
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