it can be easily done, look at Ironbridge, Roy Hill...

it can be easily done, look at Ironbridge, Roy Hill
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little extract for remembrance


"Mt Bevan hosts a 1,170 million tonne magnetite resource @ 34.9% iron, 250km north of Kalgoorlie in WA.

While magnetite iron ore resources are lower grade than hematite in the ground, they can be concentrated into a higher-grade product.

Premiums for high-grade iron ore are increasing, partly because they generate steel with more efficiency.

That could only increase in the future with new tech, like green steel and hydrogen based direct reduced iron, expected to be reliant on higher-grade ores."

source:
https://www.msn.com/en-au/money/mar...e-pivoting-to-lithium-in-september/ar-AAQHGHL

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Now it seems the Gina gang are on a flurry of activity to keep the flow of ore flowing

"Rinehart preps 20Mtpa Mulga Downs mine for development,"

Source:
https://unauthorised investment adv...ent-and-a-sudden-resignation-in-coal-country/

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Hancock Prospecting has signed a development agreement to lead a bankable feasibility study on the Hardey iron ore project in the West Pilbara owned by the Australian Premium Iron (API) joint venture.

Source:
https://www.australianmining.com.au/news/rinehart-progresses-hardey-iron-ore/