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On the Vietnam thing.... This major deposit comes up first when...

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    On the Vietnam thing....

    This major deposit comes up first when searching Google - 550MT reserve at 42% Fe Content - this is close to Balla Balla's Fe Content
    https://en.wikipedia.org/wiki/Thạch_Khê_iron_mine

    This province is not far from a regional city called Vinh (I lived/worked near here about 15 years ago) which has a bit of industry. The location of this Thach Khe province appears close to a bay so may be well suited for bulk materials handling. Alternatively with Vinh only 50km away this could be another option.
    https://www.business-in-asia.com/ports_in_vietnam.html

    Like India, Vietnam's domestic Iron Ore industry seems to have a number of issues. One in particular is keeping enough in country for domestic consumption with the Viet Govt putting high export tariffs on IO a number of year ago.
    https://do not advertise external s...mps-down-on-iron-ore-exports-with-40-tax.html

    A new steel factory co-developed with Chinese interest is also having trouble with the high interest rate loans it has taken out to finance it.
    https://e.vnexpress.net/news/busine...-firms-to-export-unsold-iron-ore-3875502.html

    Have to wonder, and I'd love to be proven right here, if the TNG team in the background are doing some serious market research & have identified countries where their domestic Iron Ore industry has significant potential, a massive market, but a myriad of issues which a turn key, guaranteed TIVAN processing plant has the potential to solve.

    It looks like that for India & a cursory look at Vietnam's Iron Ore/Steel making industry seems to be headed down the same road.
    Last edited by Propunter2: 05/02/19
 
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