15 to 25 bagger hemitite fe producer by 2010, page-7

I am not suggesting that DMM gets into gas exploration, merely that there is a local abundant energy source that can be used for electricity generation (at the coast) and local benefication of the ore.

I am not even suggesting that DMM starts a local steel plant.

But DR pellet production from the magnetite would be well within it's reach, and some consider that it has a brighter future that DSO due to the associated carbon footprint.

However it makes sense to me to get an asian steelmaker interested in starting up operations in the ROC and shipping steel from the ROC, instead of shipping ore all the way to asia.