Midrex have some great resources on the process of DRI, cheers for the heads up on that frog. It seems like Mio doesn't quite have the necessary qualities for DRI process but nevertheless a 65%+ will still be competitive and receive a nice premium. Especially with Glencore in their corner(who are now rumoured to be a target of bhp) on a binding offtake, which i must admit looks very impressive on behalf of Mio and would think that has to make funding process much easier? Either way chasps, looking forward to management bringing this to production. Btw Frog have you looked towards the Braemar by any chance in your quest for suitable ore for DRI?
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