My only suggestion about hanlong is the failed to do their homework and bought a total pup. Same as sinosteel with cape lambert and weld range, Mitsubishi with jack hills, and citic at cape Preston.
There's nothing to say sundance is any more viable than other low grade iron projects. Hanlong are staying in moly because it's hard to admit they made a bad investment, the iron ore doesn't compensate.
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do i understand correctly?, page-6
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