It seems pretty simple to mine Iron Ore, you dig it up stick-it in rail cars and ship it away, but when it comes to refining raw materials Nickel, Alumina, and Vanadium for that matter it must be like playing with a big Chemistry-set, the mine worked before and it can work again.
When MK took over Windimurra from smith he got it at a very good price, its got a life of twenty years and once up and running by the end of the year could supply as much as 7 percent of the worlds vanadium, and who need Vanadium " China.
Vanadium has many uses,metallurgical applications account for essentially all domestic consumption most vanadium is consumed in the form of ferrovanadium, which is used as a means of introducing vanadium into steels where it gives additional strenght and toughness, a bit like adding yeast into flour when you bake a loaf of bread and no, I am not a baker but its a good analogy.
I agree Rimtalay, the Nobel Group is a very big company strategically placed in Hong Kong that deals in raw materials and niche commoditys, Nobel would not put money into Windimurra if they thought it would not work.
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