Correction : I was looking at ROM tonnage. Year 1 REO output would actually be 800 up to 3,800 in year 11, so plant would never run at capacity with just IXR's ore based on SS numbers (as feeble as those numbers are!). This would indicate they would also be in the market for processing additional feedstock which is a similar strategy to another few RE companies. If everyone decides to go the downstream route then this may backfire on a few who do not get in early enough and form strong strategic partnerships (both public and private) prior to the downstream market being flooded with options. This changes my opinion back to IXR targeting the plant to be in USA.
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Correction : I was looking at ROM tonnage. Year 1 REO output...
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