Ann: Market Update, page-38

Another good point in Mondays Ann was the iron feed can be used not just domestically, but also transported to European steel mills. Possibly Poland, I dont know. They could use the Guinea iron ore selling companies in the future as well.

Anyway that reduces risk. Imagine down the track the local steel mills (many I guess are State run) say they prefer to buy their iron feed from a competitor; well this product can be exported to other countries.
I dont know too much about the rusting problems of the processed iron feed, but I do know the ore does rust when exposed to air. Maybe the rusted ore will be move aside to a waste area, so they have a clean face to extract from.

Lets see what next weeks Ann has installed. If positive, the results will be soon published in electronic mining magazines etc.

I would love to know of the similar sponge iron project in the middle east, if anyone knows of that project