Get approval for AP14, design a 1mtpa plant that produces pellets, get funding from government to build it, start producing enough steel to build more infrastructure, build another 7 plants and you have your 8 mtpa.
I don't think for a second their plan to achieve 8mtpa is going to be 200k plants at a time. They will have close assistance from the AP government to get funding from within India, the approvals they need within weeks and all the assistance they need to quickly turn our dirt patch into a massive iron ore beneficating pellet plant caapble of supplying the whole area.
Might be a while off, but the potential and relationships are there to make it a reality. AP needs this. We can make it happen.
- Forums
- ASX - By Stock
- ELE
- Ann: MoU executed directly with Andhra Pradesh Govt
Ann: MoU executed directly with Andhra Pradesh Govt, page-35
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ELE (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $24.27M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
ELE (ASX) Chart |
Day chart unavailable