Incorrect in your assessment about 100% control. MCR obligated to supply a min of 200kt ore up to 600kt. If a hostile party took over only required to supply 200Kt as a min extra supply could be withheld to enhance other agreement discussions about further OT already supplied.
This would mean going back to campaign milling as happened in 1990's at KNO. But back then if LNO or MKO went offline KNO would ramp up to take the slack for KNS (smelter) feedstock. Without known extra supply this can't occur.
100% control is a statement only someone who doesn't understand the industry would make.
BHP are running Projects at LNO and a major Project at MKO in installing a new SAG mill circuit to ensure supply but KNO (Kambalda )supply is the Rolls Royce feed in being high in FeMgO for blending with LNO and MKO ore for enhanced smelting (ensures a good slag tap to pour off impurities.
Just a bit of background there for your knowledge.
MCR Price at posting:
$1.40 Sentiment: Buy Disclosure: Held
