Ann: Magnetite Mines Confirms Benefits of Expansion at Razorback, page-6

It will take awhile for Ukraine to rebuild its steel plants (supply crunch) + our allies are rethinking where they are sourcing their raw materials from after Russia. Iron ore should hold at $110-150 with all of these factors + demand for green steel. Love the ROI at 0.16 strip ratioand that they are talking to multiple project partners...hehe..

Only downer for me is the 2025 production date..That is 3 years of price swings.. was hoping a bit sooner but oh well. cant wait to see what is in iron peak...thats potentially another good hit! fingers crossed!!