Interview, page-90

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    And in terms of magnetite projects. There are several examples of successful magnetite mines so there doesn't seem to be a good reason to be so negative about this particular mining sector. Maybe you can show me a commodity that doesn't have a lineup of failed mining projects?

    And where in your opinion will the large amount of high-grade IO needed to feed the currently rapidly growing green steel sector come from if not from magnetite projects? Hematite even at high enough grades isn't suitable unless heavily processed. An energy intense process that also requires significant infrastructure with undoubtably increasing CAPEX costs.

 
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