The govt are interested in us hence major project status by NSW, SA and Federal govt but their focus right now is on critical minerals which iron ore is not.
Bryan did say they think the government will come to the party at the end stage of the BFS just not now.
There is no doubt HIO will help support the transition to green steel in the future. The steel industry needs to decarbonise around the world and we have what the world needs. Demand far exceeds supply.
We require patience here for HIO. A lot of us thought it was happening right now and its not BUT i dont think its as far away as what the market has priced in over this past week.
HIO Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)